Any ideas on how you can use a durable power of attorney to get added to an account of your spouse's? When I called the company they were a bit vague. I need to start getting at some of his funds for his group home costs.
dog, I don't know why you would need your name on the account. If you have DPOA that should suffice. I have it for my SIL in Ohio and pay her NH bill and medical bills on line. I also have it for my DH and use it when I need to for anything and everything. I did have to give SIL's bank and our bank copies of the POA's. If I were you I would check with a higher up.
Do you have DPOA? If so, read it and make sure there are no restrictions that would NOT let you sign on his account. And, keep good records of whatever you spend from his account.
I went to our financial institution and showed them a copy of DH DPOA. However some institutions (such as a credit union and brokerage firm-in our case Fidelity) may not or will not accept just the DPOA. In both cases the financial institution had their own forms which were required to be signed by DH allowing access to his accounts in addition to the DPOA. Fidelity would NOT just accept the DPOA by itself. I explained to DH what the forms were for and asked him if he was willing to sign them so I could have access to his account if I needed it and he said "yes" and signed the paperwork. I suppose someone could challenge the situation but I am letting sleeping dogs lie.
In our case it is the same as LFL even tho I have DPOA through our revocable trust the different financial places have their own forms. One I can fill out on a secure site on the computer and another was mailed and it needed to have signatures notarized. Dh is agreeable without question even tho he doesn't really know he has VaD but he has had heart trouble and I just reminded him of my needing to pay bills and also see that his IRA withdrawals are made. For some reason he worries about that mandatory withdrawal not being enough and the penalty that goes with that even tho he has always paid the correct amount and the financial places always let him know the amount. Most of our funds are in his IRAs so it was important to me to know how to access them. He is still highly functional except for short term memory so he can still take care of withdrawals. I do stay nearby though because sometimes his figures are way off from reality.