0
Can a person with durable power of attorney use funds or convert investments to their personal account?
Wiki User
∙ 10y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Is it legal to turn your IRA into a LLC to avoid paying taxes?
You cannot convert an Individual Retirement Account into a Limited Liability Company.You cannot convert an Individual Retirement Account into a Limited Liability Company.You cannot convert an Individual Retirement Account into a Limited Liability Company.You cannot convert an Individual Retirement Account into a Limited Liability Company.
Is it possible to convert Hotmail account into gmail account?
You cannot convert a hotmail account to Gmail. You need to create a new one to replace other. However you can import contacts from hot mail to Gmail.
Is there a liability to being a power of attorney?
Yes. There could be personal liability if you engage in self-dealing, fail to maintain good records, co-mingle funds, convert the principal's assets to your own use or mis-manage the principal's assets.
Can bank convert foreign currency to home currency without customer's approval?
If a customer receives a bank transfer in a foreign currency to his/her account it is standard practice to convert it into the currency of the account.
Can a person in the UK with power of attorney use funds or convert property for personal benefit?
I live in Canada, and it should be the same there as it is here. If you have power of attorney over someones funds, you have the authority to do so with those funds as has been given you under that authority, but there are many ways that one can benefit from doing so, but you can't take anything that isn't yours to take from a paticular person or their estate unless it has been agreed to when you entered into the power of attorney!
In World of Warcraft do you keep trial account when trial is over?
The trial account isn't playable after the trial unless you convert it to a paid account.
How do you write a letter to a bank to convert savings account to a joint account?
please let us the procedure premier to normal savings account
Letter format to the bank manager asking him to convert your salary account into savings account?
The letter format to a bank manager asking them to convert a salary account into a savings account should be formal. Address the bank manager formally and then explain in detail the reason for the request. Include information about the account and when the changes need to be made.
Can you file chapter 7 wile in chapter 13?
You can convert the 13 to a 7. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.
What is the difference between Prison Service Orders and Prison Service Instructions?
Can I convert an Escrow account into a Normal Bank Account
How do you convert from a ch13 to a ch7?
You will need to file conversion papers either yourself or by an attorney. This will have to be approved by a trustee and a judge.
How do you convert alertpay credits to PayPal?
You need to deposit your Alertpay into your checking account and then transfer from your checking account to Paypal or vise versa
