Скачать или смотреть Big Misconception About POAs

A Power of Attorney (POA) is a legal document that grants one person (the agent or attorney-in-fact) the authority to act on behalf of another person (the principal) in specified or all legal or financial matters. This document can be used for a variety of purposes, such as managing financial transactions, making medical decisions, or handling real estate affairs.

The authority granted by a Power of Attorney does not extend beyond the life of the principal because it is a personal delegation of authority that relies on the principal's consent and capacity. When the principal passes away, they are no longer able to provide that consent or capacity, rendering the POA void. At this point, the management of the deceased's affairs typically transfers to an executor or personal representative, who is appointed through a will or by the court in the absence of a will. This ensures that the deceased's assets and obligations are handled in accordance with their wishes and the law

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Tiffany Webber is a real estate attorney and owner of Thomas & Webber, a real estate law firm in Mooresville, North Carolina. They handle both commercial and residential real estate closings, estate planning, and business formations.

If you'd like to work with Thomas & Webber, please email [email protected]
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Thomas & Webber
514 Williamson Rd.
Suite 421
Mooresville, NC 28117
704-663-1600

www.thomasandwebber.com