answersLogoWhite

0

A power of attorney has no rights to use the money for personal use. They are to represent the grantor in legal matters.

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

Can power of attorney and main beneficiary borrow money from estate?

No, of course not. A power of attorney does not grant access to the principal's assets for your own personal use. That type of action by a fiduciary is against the law.If the principal is deceased the power of attorney is extinguished.No, of course not. A power of attorney does not grant access to the principal's assets for your own personal use. That type of action by a fiduciary is against the law.If the principal is deceased the power of attorney is extinguished.No, of course not. A power of attorney does not grant access to the principal's assets for your own personal use. That type of action by a fiduciary is against the law.If the principal is deceased the power of attorney is extinguished.No, of course not. A power of attorney does not grant access to the principal's assets for your own personal use. That type of action by a fiduciary is against the law.If the principal is deceased the power of attorney is extinguished.


What state form to use for power of attorney?

The statutory power of attorney form.


How do you use power of attorney in a sentence?

The power of attorney represents a living person in business dealings. The power of attorney ends with the death of the grantor.


Is power of attorney void if given to a friend to use in his own interest?

Not unless the person who granted the POA revokes it.


How do you use monies in a sentence?

Where's my monies...


Can you use New York power of attorney form in NJ?

No, you cannot use a New York power of attorney form in New Jersey. Each state has its own specific requirements and laws regarding power of attorney, so it is important to use the appropriate form for the state in which it will be used. It is best to consult with an attorney who is knowledgeable in New Jersey law to ensure compliance.


What form do you use to give legal medical power of attorney for your children?

That type of power of attorney is also called a Child Medical Care Authorization Form.


What is power of attorney for?

You can use a health care power of attorney to grant somebody the authority to make health care decisions for you.


Can you use a power of attorney to buy a funeral policy for your mother?

In most cases it is possible. Unless there are restrictions in the power of attorney document.


Does the power of attorney have the right to use living parents money?

For their own purposes- absolutely not. That would be stealing.For their own purposes- absolutely not. That would be stealing.For their own purposes- absolutely not. That would be stealing.For their own purposes- absolutely not. That would be stealing.


Who has power of attorney?

A Power of Attorney is a written document that you can use to give another person the authority to act in your place. The person you name to act in your place is referred to as your agent.


Power of attorney or Powers of Attorney- Which one is the correct?

The correct term is "Power of Attorney." While the plural form, "Powers of Attorney," is commonly used, the singular form, "Power of Attorney," is the technically correct term to refer to the legal document that grants someone the authority to act on your behalf in legal matters. It is important to use the singular form when discussing or drafting legal documents to accurately represent the legal concept of delegating authority to an agent.