Log onto ISBA Central and search for “banks” and “POA.” Results will be populated with many discussions of attorneys who are problem-solving a bank’s rejection of a client’s power of attorney. As noted in the Illinois Bar Journal’s April cover story, “Behind the Curtain,” one prevailing theme of these discussions is that solving this problem is harder than it should be. In response to these and other conversations, the ISBA’s Trusts and Estates Section sponsored a CLE program last November to tackle the sometimes-fraught relationship between clients who want to protect and manage the assets of loved ones and banks standing in the way.
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