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Power of Attorney
Last Post 01 Jun 2008 06:44 PM by FutureAmerican. 5 Replies.
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proudUSCGpopUser is Offline
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proudUSCGpop

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27 May 2008 11:43 PM

    One piece of advise that I want to share with all new recruits is before leaving be sure to have a Power Of Attorney, POA, in place. My son currently serving on the USCG Bertholf is having his bank account accessed with out his knowledge or permission. If we had a POA in place I could help take care of all of the logistics (canceling card, ordering a new debit card....) for him when he is at sea. The credit union is well meaning and I totally understand about privacy, but simple account inquires on his behalf are impossible. Without the POA all I can do pass information along via email and those few and far between phone calls.

    It is probably easier for married coasties with joint accounts, but those who are single should seriously consider a POA.

    Richard


    ply508User is Offline
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    ply508

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    28 May 2008 08:54 PM
    I agree! I did this for my son before he went into boot camp. It's the best thing I could have done for him. 
    Donna


    pakzone08User is Offline
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    pakzone08

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    28 May 2008 10:35 PM
    When my son opened a debit account we put my wife's name on the account also so we would have access to the acct. if needed. Has made things easier for all of us. Something to consider before they leave for BC.
    jen899193User is Offline
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    jen899193

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    29 May 2008 01:24 AM
    agreed. my daughter put my name on her account for this very reason. since she is in alaska it is kinda hard for her to take care of banking matters.

    of course, this is also a useful tool to know how responsible your new coastie is managing their finances!!! lol


    Jen
    Proud Coastguard Mom
    SN Church, Brittney R.
    USCGC Alex Haley, Kodiak, AK
    "Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety." ~Benjamin Franklin
     
     
     
     

    ~Jen~
    michaelharnessjrUser is Offline
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    michaelharnessjr

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    01 Jun 2008 04:46 PM
    Thats a good idea, thanks for the advice :)


     
    ''Our greatest glory is not in never falling but in rising every time we fall.''
    Confucius
     
    ~Michael Harness Jr~

     
    ''Our greatest glory is not in never falling but in rising every time we fall.''
    Confucius
     
    ~Michael Harness Jr~
    FutureAmericanUser is Offline
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    FutureAmerican

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    01 Jun 2008 06:44 PM
    Highly recommended to get POA from me too - the wifey & I arranged it with our lawyer last night, so we're covered for both medical and financial issues!
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