Should I notify my bank about a durable power of attorney?

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Video Transcript

We strongly recommend that you take the durable power of attorney instrument to the bank. Some banks have resistance or reluctance to honor an attorney drafted durable power of attorney even though the Florida statute provide otherwise. In the event like that, your attorney should help advise you as to what your most meaningful course of action will be. In many instances the attorney drafted durable power of attorney will work perfectly well with your financial institution.

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