Yes, your power of attorney may go stale.
Banks and other financial institutions are reluctant to accept a power of attorney over five years old. This reluctance has a valid basis, as powers of attorney can be used to commit fraud. An up-to-date document reassures those granting access to financial information the intentions of the person creating the document.
Refreshing your documents with us is easy. Our clients can call or stop by anytime to update us on life events that require changes to their documents. If our clients forget to call us, as a courtesy, we reach out to them by sending timely reminders for document review sessions. We enjoy these sessions with our clients and feel lucky to be a helpful part of their life.