Can annuity accounts take LPOA?
Can annuity accounts take LPOA like a brokerage account?
LPOA? Enlighten me please…that’s not an acronym I’m familiar with…Last Person's Only Asset?
Limited Power of Attorney?
Generally the answer is yes, but the annuity carrier may have their own form that they want you to have the Agent and the Client sign.
Sorry, yes, limited power of attorney. guess I’ve been shuffling papers too long…I have a relative who wants me to look over his annuity investments. His firm, prudential, allows him to make adjustments himself online. So I figure if annuity accounts can take Limited Power of Attorney then I can just act as necessary and not coordinate with him each time.