I am wondering if I could buy life insurance for my parent if I had a Durable Power of Attorney?
Estate Planning Attorney
The POA has stated powers which should be reviewed.
The powers could be very restricted or very broad.
If the powers include the power to purchase life insurance, securities etc-it would depend on the age and medical condition of your parent and if accepted by the insurance company.
The answer given does not imply that an attorney-client relationship has been established and your best course of action is to have legal representation in this matter.
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