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Can a husband give Power of Attorney to his wife to do financial transaction and must the wife sign the POA also?
Wiki User
∙ 14y ago
In most states a Power of Attorney is executed by the principal and does not need to be signed by the attorney-in-fact to be valid. It may need to be witnessed and notarized depending on the state. In some states the AIF is required to sign. You can check the rules in your state at the link provided below.
Wiki User
∙ 14y ago
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Can a power of attorney be for one transaction?
Yes and you must specify so in the power of attorney paper. That's called a specific power of attorney.
What is a financial power of attorney or FPOA?
A financial power of attorney gives someone the authority to conduct business for you.
Does a durable power of attorney cover medical and financial issues?
Durable power of attorney ONLY cover financial decision making. A medical power of attorney covers medical decision-making.
Does a financial Power of Attorney terminate with death?
Generally, a financial power of attorney expires upon the death of the principal. See related question.
What form do you use to give legal medical power of attorney for your children?
That type of power of attorney is also called a Child Medical Care Authorization Form.
How does a wife get power of attorney if her husband is in jail he is due to get money from sale of house?
If the husband doesn't give her the power of attorney, there is no way for her to get it. She will have to take the paperwork to him to be signed. He could grant her a power of attorney if he would like to.
What is power of attorney forms and where can I obtain them?
A power of attorney grants a person the right to act as your legal representative and make binding legal/financial decision for you. You can easily find power of attorney forms on the Internet. There are two types of powers of attorney; general (unlimited in curating and permitted to act as your legal representative until it is revoked) & specific (imposes limits on the individual and may restrict their power to a single type of conduct or transaction). The power of attorney becomes effective when the forms are signed.
With whom must you file the durable power of attorney forms in California?
Generally, the durable power of attorney forms can be filed with the local county recorder. This is frequently required for estate or finance transactions. Often, however, depending upon the transaction you are trying to complete, the durable power of attorney need only be produced by the attorney-in-fact when they complete a transaction on behalf of the assignor.
Can a wife sign a rental agreement in her husband name?
Not unless she is his attorney in fact under a power of attorney.
Can Power of Attorney sign for sale of house?
A power of attorney can do anything that the person who granted it can do. It is usually granted in cases that are not contested. If a question arises about the transaction not being in the best interest of the grantor of the power of attorney a lawsuit or criminal action may occur.
Can power of attorney for health care handle financial decisions?
No, a medical power of attorney ONLY applies to health care decision-making.
Can Durable Power of Attorney override a Will?
No, durable power of attorney, although meant for financial decision-making, is restricted against amending wills.
