"Jointly and Severally"

In the context of wills and powers of attorney, "Jointly and Severally" means that

  • any one of the Trustee/Attorneys can sign a document or dispose of an asset without the signature of the other(s), OR
  • every Trustee/Attorney can sign.

The ability to act "jointly and severally" affords flexibility. It becomes their choice as to whether they all want to sign or just have one of them sign. It makes signing very convenient.

top