Father now has dementia/Alzheimers. In Iowa, can a family member petition the court to review the POA's actions (e.g. mismanagement of assets, late payment of real estate taxes, self dealing) and if it determines the POA unsuitable, remove him and appoint the named-successor in his place or does the court have to appoint a guardian/conservator for the father's finances?
You need to refer to IA law and speak to an attorney about your situation, but the general answer to your question of can an agent under a POA be asked to account for their actions and be replaced (either under the POA, or under a court-ordered guardianship) the answer is definitely yes.
This is not legal advice nor intended to create an attorney-client relationship. The information provided here is informational in nature only. This attorney may not be licensed in the jurisdiction which you have a question about so the answer could be only general in nature.
Check with an attorney who handles estate planning in Iowa and decide how to proceed--check avvo for a listing of attorneys--good luck.
*This information should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.
Yes-the court can revoke the powers of the primary with proper cause presented to the court.
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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