I'm not sure about your fact pattern. Generally, if a parent gives an adult child power of attorney, the parent is the one who can revoke or change...

It all depends on what the POA says. It would have to specifically say that you can change the beneficiary. It will also say whether it's effective...

Not everything needs to be transferred by trust to avoid probate. Accounts can be transferred by naming beneficiaries. If you are concerned about...

You are correct that someone has to pay those expenses. Otherwise, foreclosure. If the trust doesn't have the funds to do it, then you would be the...

Your mom can change her will whenever she wants. The question is whether your sister is unduly influencing her. You mention your mother has good...

A Power of Attorney does not take away your mother's right to make financial decisions. If your mother still has the capacity to make decisions,...

Your parents have priority over you. They could possibly disclaim, and then it would go to you. But why would they turn down money? The disclaimer...

The bank is probably in the wrong, but it's not worth arguing with them about your current POA.You should probably just sign a POA with the...

Anyone with a property right or claim on the estate can file for probate. If no will, assets are divided equally between your grandfather's...

Delaying tax is a tax planning strategy. Why pay taxes now if you don't have to? Paying a tax just to simplify distribution doesn't seem worth it...