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Can a power of attorney be held responsible for debts of the principle?

Lake George, NY |

I am POA for my mother. She has outstanding credit card debt

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Attorney answers 2

Posted

Simply because you are your mother's attorney-in-fact does not make you liable for her debts.

Posted

The grantor may revoke the power of attorney by telling the attorney-in-fact it is revoked. POA does not make you liable for grantor's debts.

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