I'm POA in effect for a person who is in early stage of dementia. The person with dementia wants to sell her stocks or liquidate her investments.
but the financial manager and securities broker is not cooperative to comply with her request because her attorney advised them to hold any transaction by
the person with dementia. I as POA in effect requested them to liquidate investments on behalf of the principal. Need to know why she cannot sell stocks
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It is my understanding that some financial institutions require more than simply being presented with a copy of POA to make transactions that involve large amounts of money.