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Can an attorney-in-fact under a Power of Attorney sell off investments which were left to someone else and then keep the proceeds?
Wiki User
∙ 14y ago
A Power of Attorney expires immediately upon the death of the principal. The attorney-in-fact has no power whatsoever to do anything with property after the death of the principal. You should discuss this situation with an attorney ASAP or with someone in your local district attorney's office. The attorney-in-fact had no legal power to sell property of the decedent and can be criminally prosecuted.
Wiki User
∙ 14y ago
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