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Can an attorney-in-fact under a power of attorney transfer a life estate?
Wiki User
∙ 13y ago
If the life estate belongs to the principal, the attorney-in-fact can release it on behalf of the principal. See related question.
Wiki User
∙ 13y ago
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How do you transfer stock when the owner is dead and left a power of attorney?
The power of attorney has no value. The probate court will have to appoint an executor for the estate, who can then transfer the stocks.
Can a lifetime estate be ended by a power of attorney?
No. A power of attorney ends with the death of the principal.No. A power of attorney ends with the death of the principal.No. A power of attorney ends with the death of the principal.No. A power of attorney ends with the death of the principal.
How does the power of attorney assign an executor to and estate?
A Power of Attorney is extinguished when the principal dies. The attorney-in-fact has no power to do anything. The probate court appoints the executor or administrator for the estate.
Is financial power of attorney a public record?
It depends if the Power of Attorney was recorded in the Public Records of your County. Most are not, but if it was used to transfer real estate, it just might be. Check on line at the Official Records Division of your local County Clerk's Office.
Is the power of attorney entitled to a percentage of the estate?
A power of attorney has absolutely nothing to do with an estate. All power of attorneys expire on the death of the grantor.
I have the power of Attorney for my mothers real estate and she died do I still have power of attorney?
A power of attorney terminates when the principal dies. You need to petition the probate court to be appointed the representative of her estate.
Can a power of attorney disperse money from a will or does a lawyer have to do it?
A Power of Attorney has no rights to do anything with the estate. Any power of attorney that existed became null and void at the death of the grantor. The executor distributes the estate.
Does power of attorney also takes care of estate on items to be sold?
The power of attorney ends with the death of the grantor. The executor handles the estate.
If no will can the Power of Attorney be used as a will?
A power of attorney is not a will! The power of attorney ended on the death of the grantor. An estate will have to be opened and the law of intestacy will be applied to the property.
Can the person who is the executor of an estate and has power of attorney CHANGE a will?
The power of attorney cannot change the will. That is not legally allowed.
What does an administratrix of the estate have power of attoney?
what is the power of attorney duties for a living will?
Can a granddaugther be head of estate if she was already the power of attorney?
Anyone can serve as executor. The Power of Attorney died with the grantor.
