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 Re: A durable general POA most certainly would be acceptable
Posted by  ikando on 11/26/19 6:35pm

I know I'm jumping in late, but I had to weigh in. I'm also a paralegal and the attorneys I work with do estate planning. The purpose of a Power of Attorney (POA) is precisely to cover situations like the OPs. Of course it depends upon how the POA is written (there are a number of branches they can go off into), but assuming it was prepared and signed when the principal was competent to give the power to their agent, it is perfectly legit for business purposes. Most trusts that I've been involved with have a POA component.

Hopefully the title company has attorneys who review these things.
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