Why does the federal government not recognize the power of attorney on my husbands finances? 2 Answers as of August 02, 2011My husband has power of attorney for finances for his uncle who lives in another state. All insurance companies, mutual fund managers, etc., will recognize this legal document except for the federal government. Can anything be done about this? They are telling him his uncle has to be declared incompetent for them to work with my husband.
The Schreiber Law Firm | Jeffrey D. Schreiber
For the same reason that you cannot represent someone else in Court with a Power Of Attorney . It is not a universal document. Only the taxpayer or someone the IRS allows to represent a taxpayer (enrolled agent, CPA or attorney) can do so
Answer Applies to: California