Power of Attorney
Can an attorney-in-fact gift the principal's property by using the power of attorney?
My grandfather has executed a power of attorney of property in New Jersey to one of his managers. I came to know that the manager is secretly trying to gift my grandfather’s property to his wife. Can he legally do that by using the power of attorney?
Is a contract entered by an agent without knowledge of principal death binds the principal's successors in interest?
I am the successor of my uncle’s property in New Jersey. His agent, who has the power of attorney, entered into a contract to buy a property on his behalf. The agent does not know that fact that my uncle has died during a long treatment at a hospital. Is that contract binding on me?
What is the difference between a power of attorney and a durable power of attorney?
I am little confused in executing a power of attorney. What is the difference between a power of attorney and a durable power of attorney? I live in New Jersey.
My Uncle has appointed three people as agents under a POA. Who controls when more than one agent appointed.
My Uncle has Alzheimers & appointed 3 people for a POA, his brother & also his stepson. Because my uncle lives out of State, --------- had taken on as primary control. We believe ------- are benefiting financially from my Uncle's finances & also mentioned plans to move my uncle to Florida. Does my Uncle have an equal say in decisions made for my uncle since he is also listed on the POA?
Does a power of attorney have a reporting mandate or duty to siblings on where money is being spent?
does a power of attorney have a reporting mandate or duty to siblings on where money is being spent?