Is executor of the Will same as power of attorney?

Answer 1

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.

Answer 2

No. A power of attorney ends on the death of the person granting it.

An attorney-in-fact under a power of attorney is voluntarily appointed by a living person (the principal) and is granted sweeping legal authority over all the principal's property and affairs during the life of the principal.

The executor of a Will is the person responsible for making sure the provisions of the Will are carried out after a testator's death. They are responsible for paying off the debts and distributing the assets. They also have to pay taxes and file the appropriate documents and accounts with the probate court.

Answer 3

They are two different jobs with different responsibilities. They can be the same person. A power of attorney represents a living person. The executor represents the estate of the deceased.

Answer 4

A power of attorney represents a living person. An executor of a will represents the estate of the deceased. You cannot be both at the same time, but you could serve in both capacities for the same individual.

Answer 5

No, they are not the same. A power of attorney is someone appointed by a living person to represent them in specific matters. An executor deals with the estate of someone that has died.

Answer 6

The executor is responsible for the estate after death. The power of attorney represents the living person.

Answer 7

Yes. the same person can be made executor of the Will and also have been appointed an agent of the POA.

Answer 8

Yes, they are two different jobs. The will appoints an executor, which takes effect when the testator dies. A power of attorney represents a living person.

Answer 9

Yes, but you can't be both at the same time. The Power of Attorney expires on the death of the grantor. Then the terms of the deed would take over.

Answer 10

Yes. The Power of Attorney ends at the death of the grantor. The executor starts when the court appoints them.