Cranston, RI asked in Elder Law for Rhode Island

Q: Can a joint owner of a bank account be the financial Power of Attorney of the other joint owner?

I'm a joint owner listed on my dad's bank account. He is elderly and needs a financial power of attorney. Can I be his financial power of attorney while listed as a joint owner on the bank account?

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1 Lawyer Answer
R.J. Connelly III
R.J. Connelly III
  • Elder Law Lawyer
  • Pawtucket, RI
  • Licensed in Rhode Island

A: Yes as to his interest in the account but should not have to as both co-owners should have equal access to 100% of the value

Neville Bedford agrees with this answer

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