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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">Eric:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">I can tell you it’s the other way. More and more financial institutions, brokerages, etc. want co-AIFs to act independently without consent. You can insert language in the
event of conflicting instructions otherwise RCW 11.125 will be used to sort it out if that happens. Note, for joint fiduciary action, I had a client try to open a bank account with co-fiduciaries of trust that are required to act jointly, the bank refused.
Bank said only way is they are authorized to act independently or it is joint account, but frozen subject to court direction.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">-Marcus<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;mso-ligatures:none">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;mso-ligatures:none"> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Eric Nelsen<br>
<b>Sent:</b> Wednesday, June 18, 2025 2:20 PM<br>
<b>To:</b> WSBA Probate & Trust Listserv <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] DPA with two AIFs able to act independently<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="background:white"><strong><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:black;background:white;mso-ligatures:none">* NOTICE: EXTERNAL EMAIL *</span></strong><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:black;mso-ligatures:none"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt"><a href="https://app.leg.wa.gov/RCW/default.aspx?cite=11.125&full=true#11.125.110">RCW 11.125.110</a> indicates that “<b><i>Unless the power of attorney otherwise provides</i></b>, all coagents
must exercise their authority jointly….”<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">My client wants to name two siblings but give them each authority to act alone—essentially, have two active and independent attorneys in fact simultaneously. On both financial and health care DPAs.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Leaving aside the obvious practical pitfalls of conflicting instructions, etc., is there any
<b><i>legal</i></b> barrier to providing for this in a DPA?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Also, any thoughts on whether this is so unusual that banks, brokerages, medical providers, etc., might balk at following the specified authority of one without the other?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">I thought of drafting two separate DPAs, but that might be even more confusing than having them both named in a single document. Though perhaps I could include a statement in each one that refers to the other
and acknowledges that the other exists and remains in effect independent of this instrument.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">Sincerely,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">Eric<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">Eric C. Nelsen<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">Sayre Law Offices, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">1417 31st Ave South<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">Seattle WA 98144-3909<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">206-625-0092<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none"><a href="mailto:eric@sayrelawoffices.com">eric@sayrelawoffices.com</a><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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