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Does power of attorney have the right to hold money that is will to someone else for as long as they like?
Wiki User
∙ 15y ago
Answer: When a person dies with a will, will need to determine if the person who is now deceased has appointed somebody to be the administrator of the estate. If so, this person will submit the will to the probate court to have the will probated. If the will does not call for an administrator, then it will depend on the law in the state to determine if there are any restrictions of somebody else being appointed as the executor of the estate. The potential executor would apply to the probate court for appointment. The administrator or the executor are under an obligation to settle the estate as quickly as possible. This means collecting all the assets of the estate, paying first all the estate debts, and then disbursing any remaining assets according to the terms in the will. Once the process is completed, the person will advise the probate court who will order the estate closed. Once the estate is closed, there are no other claims that can be brought.
Wiki User
∙ 15y ago
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If someone has a power of attorney does the POA also get a share of their settlement claim?
No. A power of attorney does not carry with it an automatic right to compensation in any form.
If you have power of attorney over a baby can you sign that power over to someone else?
No. Generally, a parent executes a power of attorney in order to give another adult the authority to make decisions for their child for only a short period such as when the child will be in the care of someone else as during a vacation. The person to whom the parent has given that power of attorney cannot assign it to someone else. The reason is that the person to whom the power of attorney was given does not have the right to give someone else authority over the child. That right is the exclusive right of the parent. For any extended period a temporary guardianship would be necessary and that must be done through the court system. You should always consult an attorney regarding such important legal matters.
Is it against the law to withdraw money from my mothers account although i have power of attorney to maybe give it to someone is it against the law for me to do this if so tell me why?
Power of attorney over your mother's account means that you are allowed to use her money in her best interests. This will usually mean you can not give it to someone else, unless you are paying him for mowing your mother's lawn or something like that. All your accounts can be checked to make sure you are doing the right thing.
How do you grant someone the legal right to take over your finances?
That would be most simply done by granting a Power of Attorney.
How do I regain my money and good credit when my bank took all the money because of a writ against someone with the same name?
A bank cant take your money just because you have the same name as someone else they have to show proof it is you I would talk to the county attorney Exactly right, call the county attorney
Does power of attorney give the person with power of attorney the right to decide complete the burial decisions?
The power of attorney terminates on the death of the principle. At that point the family makes decisions.
Does power of attorney have a right to look at the person 's will?
No.
Maryland durable general power of attorney?
This does not exist, it is either a Maryland general power of attorney which gives someone the right to act on someone else's behalf for financial reasons, but the form becomes VOID if the person granting power becomes incapacitated or too ill to think for themselves-or-Durable power of attorney which is the same thing as the general except the durable stays VALID if the person granting becomes too ill to think for themselves.
Do you have the right to see the will if you are a power of attorney?
Having power of attorney may not grant one access to a will. It may require specific permission.
Who can sign legal documents for a person if they are unconcious and have no power of attorney?
Not without a power of attorney. The court can grant the right with the proper documentation and forms.
What is the role of a debt collection attorney?
A debt collection attorney specializes in legal actions taken to collect debts owed by individuals or businesses. They may send demand letters, file lawsuits, or negotiate settlements on behalf of their clients to recover unpaid debts. Their role is to use legal processes to help their clients recover money owed to them.
Does a Power of attorney have the right to speak for a resident from the time the Power of attorney is designated?
No if it is for your will they speak for you when you are no longer here. If it is a health power of attorney they may speak when you are alive and only for the good of you health,and only when you can not make a rational decision.
