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If a spouse is on active duty and the couple is buying or selling a home, the spouse on active duty (the principal) can execute a Power of Attorney that names their spouse as their attorney in fact. The AIF could sign any documents related to the sale in the name of the absent spouse.
An elderly person might name someone such as a trusted child, grandchild or friend as their AIF to pay their bills keep track of their investments and do their banking for them. The AIF could sign the principal's name on any legal document (except a will).
A Durable Power of Attorney would remain effective even if the principal was to become ill or incapacitated. Any POA is extinguished upon the death of the principal.
What else can I help you with?
What is some aims in doing your poa sba?
an aim for doin poa sba is to learn to appplication of accounting principles and applyin to our daily lifestyle
What does POA stand for?
Price on application (POA)
Can a POA sue a person even if the person who assigned POA is dead?
No. A POA expires when the principal dies.
Can a POA for someone endorse a check for them and then deposit the check into the POA's account?
cAN A poa NAME THEMSELVES AS A BENEFICARY
How you say police in Punjabi language?
poa poa
How tall is Nooroa Poa?
Nooroa Poa is 178 cm.
What is the population of Poa Department?
The population of Poa Department is 30,406.
When was Poa diaboli created?
Poa diaboli was created in 2003.
When was Poa palustris created?
Poa palustris was created in 1759.
When was Hazel Poa born?
Hazel Poa was born in 1970.
Do I have debt responsibility as a POA for my Mother?
personally no. However, as POA you act as your mother's agent and must pay her debts as they become due. If you mismanage her funds, then you may have some responsibility.
Is there an online site where you can pull up a copy of a filed POA?
That will depend on the specific jurisdiction. There is no requirement to file a POA with the court. Some courts have digitized such documents, but most have not done so.
