Can a person given legal POA for personal/financial matters execute a Will and/or change a beneficiary on an insurance policy on behalf of the person who granted the POA?

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

Can a person given legal POA for personal/financial matters execute a Will and/or change a beneficiary on an insurance policy on behalf of the person who granted the POA?

Asked on July 22, 2013 under Estate Planning, Maryland

Answers:

Nathan Wagner / Law Office of Nathan Wagner

Answered 10 years ago | Contributor

The Power of Attorney does not give the attorney-in-fact the power to execute a will. Only the person themself can create a will (however, if the person is physically unable to sign a will, he or she can direct someone else to sign for them). A Power of Attorney could allow the attorney-in-fact to change the beneficiary of an insurance policy, depending upon which specific powers were granted. 


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption