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We have completed a legal separation, signed & notorized by atty, revoked power of attorney. Family doctor last summer ssaid my husband could not handle financial or legal affairs; he had a test completed at the local vet's admin., they said he can handle his financial and legal affairs; therefore, he wanted and we agreed to legal separation, dividing all assests equally. we provided the legal papers for them; they said they did not know what to do. they presented info to the home office; home office said fam. doc has to say in writing that he agrees with the VA and rescind his ltr re: dementia, even tho after the report from the VA said he can handle his affairs and has only mild cognitive impairment, the family doc's comment in writing was, call his wife , tell her the VA said that he can handle his affairs and live on his own... that's not good enough for the investment firm. they have FROZEN our account and even I cannot withdraw any funds which I need to pay bills, especially since our $$$$ are now divided and I have less to live on. I talked with my atty. he said he's never heard of such a athing and they are just protecting themselves. what else can i do?????????? Investment firm said if our fam doc does not say in writing that he agress with VA and rescinds his orig. ltr. that my husband will have to have another poa and in meantime, i'm without funds, frozen from the account as well as he is!!!!!!!!!

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I need to add that family doc told me since the statement from the VA that I h ave to be careful, cannot prevent my husband from moving out of AL and if he wants to live on his own, I ave to let him. Therefore, I gave 30 day notice to AL that he is leaving, we signed separation papers with help of atty.,he has rented apt. will move at end of month and going on iwth his life, but now the investment firm, freezing the account has caused such turmoil, what do i do? They are a very huge road block.
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first of all a VA declaration, is not intended to be used for any purposes other than VA.
If you have however rcvd revocation of power of attorney, you do not have access to the account,(s) unless you are signed on originally.
A brokerage or bank can make up their own rules and let them be subject to legal challenge, as a means of keeping funds under mgt. They have nothing to lose.
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The accout ata the investment firm was joint. However, after more statements from the doc., they agreed to divide the joint acct equally between us. At that time, they then told us verbally and in writing that we needed to take our business elsewhere,either li
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(ongoing from star 42) either liquidate all assests or transfer elsewhere!. Now in addition to all the other drama re: this nightmare, we were told in two days we must take care of this. Anyone ever heard of such a thing?
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I think they are playing with fire. How can they give some only 48 hours: it defies all good sense from a fiduciary standpoint. I think a complaint to the SEC is in order, and a lawyer who deals with litigation concerning financial firms
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