Compliance Question of the Week

We have an individual with a POA requesting to access a living trust account. Does a POA allow access to a trust account?

No, a POA cannot be used to access a Living Trust. A POA does not grant that type of power.

Related Links:

RCW 11.94.050
ORS 127.045

 

Questions? Contact the Compliance Hotline: 1.800.546.4465, compliance@nwcua.org.

Posted in Compliance.