What is the difference between a Successor Trustee and an Attorney In Fact?
Attorney Frederick has given you a great answer. The trustee contols the assets in the trust. You can give POA's to whoever to control assts and...
Largo, FL
Estate planning Lawyer at Largo, FL
Practice Areas: Estate Planning, Tax ... +2 more
Attorney Frederick has given you a great answer. The trustee contols the assets in the trust. You can give POA's to whoever to control assts and...
The grantor as you call it is the person that needs to sign. If you are tallking about the person that is to receive the POA-they do not have to be...
They have to sign the document with witnesses and notary and it is not necessary to be there when the document is drafted. For example-a client...
Mom would have to agree and sign a POA. Dad could sign a POA if still competent. If Dad is not competent-you would need a court appointed...
Attorney Hansen is correct-you already have an attorney-so it would be improper for another attorney to advise you.
No-should be redone.
I guess you could argue this either way. For example-you could figure out a reasonable rent for you and then reduce it by 1/2 because you own...
The fair way to proceed would be to compute a fair rent and subtract the amount by 1/3(your ownership) and also subtract 2/3's of the expenses you...
It does not appear that you have the power to sell your mother's assets. You need to coordinate this effort with your daughter-the POA.
The power of attorney is void upon death. You should see an attorney about staying the home and how to protect the money accounts.