No, an executor does not have the power of attorney to make decisions on behalf of the deceased individual. The executor's role is to carry out the instructions in the deceased person's will and manage their estate, but they do not have the authority to make decisions on the deceased person's behalf.
No, an executor and a power of attorney are not the same. An executor is responsible for managing a deceased person's estate, while a power of attorney is appointed to make decisions on behalf of someone who is alive but unable to do so themselves.
No, a power of attorney represents a living person. You may be able to be appointed executor of the estate.
A power of attorney can only be granted by a living individual. You want to be appointed executor of the estate, apply to the probate court.
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.
An executor of an estate is responsible for managing and distributing a deceased person's assets according to their will, while a power of attorney is appointed to make decisions on behalf of someone who is alive but unable to do so themselves. The executor's role is to carry out the deceased person's wishes, while the power of attorney's role is to act in the best interests of the person they represent.
A power of attorney becomes invalid upon the death of the individual who granted it. After death, the authority to manage the deceased individual's affairs typically transitions to the executor or administrator of their estate, as outlined in their will or determined by the court.
An executor is responsible for managing a deceased person's estate and carrying out their wishes as outlined in their will. A power of attorney, on the other hand, is appointed by a living person to make decisions on their behalf if they are unable to do so themselves. Both roles involve managing someone's affairs, but the executor's duties are typically focused on handling the deceased person's estate, while the power of attorney's responsibilities are more about making decisions for the living person.
No, a power of attorney does not work after the death of the individual. Once a person passes away, the power of attorney is no longer valid, and the authority granted to the agent ends. Instead, the management of the deceased individual's affairs typically falls under the control of the executor or administrator of their estate, as outlined in their will or determined by the court.
The executor now controlling the estate has to do the transfer but if they had an executor, there is probably also a will, attorney, and a beneficiary (ies)
The executor makes the decisions. There is no other requirement.
An executor is responsible for carrying out the wishes outlined in a will, which typically includes distributing assets as instructed. In general, an executor does not have the authority to override the instructions of the testator or make decisions that go against the will's provisions. The executor's role is to fulfill the wishes of the deceased individual as outlined in their will.
In most cases they would not be able to serve in that capacity. The court is not likely to appoint someone with Alzheimer's to serve as executor.