A thumbprint for executing any POA is a statewide requirement under CA notary law. Perhaps it was a CA bank? Regardless, you were operating under CO law, not CA.
The issue I hear about from people about POAs most often is that the banks want people to use THEIR version of a POA. Family members think they're doing the right thing by an ill parent by getting a whole trust and associated docs executed before the person advances to the point where they're unable to make decisions for themselves. When the time comes for them to have to use the POA, they find out the bank won't accept it. And of course, by then, it may not be possible to notarize that person's signature anymore, especially if they have dementia or Alzheimers... I don't know if this happens because people are getting their documents off the internet and are just choosing the wrong type of POA, but I've never had anyone tell me that was the issue... It's just sad. |