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Re: Inheritance issues,,
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Posted by John T on June 16, 2007 at 06:46:12 from (66.244.83.147):
In Reply to: Re: Inheritance issues,, posted by Mark/ on June 16, 2007 at 05:58:14:
Mark, The POA expired at death (has nothing to do with what happens after death, that requires a Will), as far as any POA actions taken when the mom was alive, the law imposes a very strict and enforceable fiduciary duty against the agent to act in the best interest of the Principal and NOT take any unfair advantage....... The POA cant normally for example give everything to themselves while acting as the agent, such is highly suspect at law (subject to what powers were granted in the POA) when theres more then one child. If she passed with no will, the estate passes to her heirs, and if there were 2 kids and no spouse, sounds like half to each daughter PERIOD BEST WISHES John T
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