No.
You can't be the executor of an estate if the individual is still living. Property transfers are done the same as any other time.
A medical power of attorney authorizes someone to make health care decisions for the principal in the event that the principal has been determined to be unable to provide express and informed consent themself.
No. A living person (the principal) can execute a Power of Attorney document that appoints an attorney-in-fact to act on their behalf and manage their affairs while they are alive. A POA is extinguished immediately upon the death of the principal. An executor is the person named in a will to distribute an estate after a person has died. The will must be filed in probate court and the court will appoint the named executor if there are no objections to the appointment. The executor will then have the authority to pay the debts of the decedent and distribute the remaining estate to the heirs according to the provisions set forth in the will and the state probate laws.
Yes. You can appoint the same person as your executor in your will even if that person has been appointed by someone else as their executor in their will.
Generally, in order to be appointed the Executor of an estate you must present the Will to the Probate Court for allowance and at the same time petition to be appointed the Executor.
The executor has the same rights as any other person. They can ask someone to change their will.
An executor of a will is the same thing as a trustee. They are responsible for the estate and making sure that plans are carried out.
A power of attorney is extinguished upon the death of the principal. An executor is the person appointed by the probate court to handle a decedent's estate. One office serves the living and the other office serves the deceased.
As long as the will was properly drafted and is allowed by the court the executor and the beneficiary can be the same person.
Any executor must be appointed by the probate court. If joint executors are named in the Will they must petition to be appointed by the court. They can only be removed by the same court.
No. The testator is the person who makes a Will.The executor is the person named in a Will as the person who will settle the estate according to the provisions in the Will after the death of the testator. The executor must submit the Will for probate and petition for appointment by the court.
You can be asked to serve as both, but not at the same time. And executor cannot do anything before death and a power of attorney expires on death.