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Who should get a power of attorney?

Updated: 8/20/2019
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MitziDeMariaLand

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11y ago

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Anyone who would like someone else to act in their place for financial or medical matters.

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11y ago
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Q: Who should get a power of attorney?
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Related questions

Does a general power of attorney need to be filed with the courts?

Yes. You should be sure to have a general power of attorney and/or medical power of attorney.


What is the next step after signing someone as power of attorney?

Once you have completed the Power of Attorney, you should give the original to whomever you named as the power of attorney (attorney-in-fact) and keep a copy for yourself.


How do I write a Power of Attorney resignation letter?

You should have an attorney make a Power of Attorney resignation letter. If there is no attorney, you will write up a letter expressing your desires and have it notarized.


Which is the ruling document - a Will or a Continuing Power of Attorney for Property?

The will should take precedence. A power of attorney ends on the death of the grantor.


How do you obtian power of attorney over a parent in NH?

You first have to authorize a power of attorney form, then make them sign as the 'Principal' and you should sign as the 'Attorney-in-Fact' If your parent is competent their grant of a Power of Attorney must be voluntary. They must execute a Durable Power of Attorney document that names you as their attorney in fact. You and your parents should consult with an attorney who can review the situation and advise you of your options and the consequences of executing a power of attorney. If your parent is not legally competent then you must petition the court to be appointed their legal guardian.


Should I give power of attorney for a motor vehicle to purchase out of state?

NO Please look up "power of attorney" I think you will be surprised!


Can a Power of Attorney also be a beneficiary?

No. That type of self-dealing would be too easy to challenge in court. It would constitute self-dealing by the AIF which is a violation of statutory laws that govern fiduciaries. An attorney-in-fact under a Power of Attorney should bot be involved with the making of a will. If the principal wants to make the AIF their beneficiary, the principal should have the will drafted and properly executed by an attorney.


Can a father change power of attorney after he remarries?

Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.Yes. He can revoke any power of attorney and execute a new one. he should notify any facility where the old one was used and notify the former attorney in fact of the revocation.


Who has legal power the spouse or the attorney in fact under the power of attorney?

If a married person (the principal) granted a power of attorney to someone other than their spouse, that other person has the superior authority set forth in the power of attorney document, usually to make decisions and act on behalf of the principal. If you object you should have that situation reviewed by an attorney.


Will a durable power of attorney be accepted if not drafted by an attorney?

If the Durable POA is valid in the state where it will be used then it should be accepted.


If you have power of attorney for a family member's financial care do you need a different power of attorney for personal care?

Unless you were specifically granted a "General Power Of Attorney" your responsibility and powers extend only as far as to what was granted in the POA you possess. You should consult an attorney to have them read it for the specifics.


Can an attorney-in-fact under a Power of Attorney sell off investments which were left to someone else and then keep the proceeds?

A Power of Attorney expires immediately upon the death of the principal. The attorney-in-fact has no power whatsoever to do anything with property after the death of the principal. You should discuss this situation with an attorney ASAP or with someone in your local district attorney's office. The attorney-in-fact had no legal power to sell property of the decedent and can be criminally prosecuted.