Just to give you l little idea, but you need to see a lawyer.
DPOA, is responsible to take care of finances and medical decissions for someone who has been found incompetent. In no way is the POA allowed to use the finances for personal gain. Their responsibility stops at the time the person who assigned the POA dies.
Will, The Executor now takes over. They go to probate and get a Short Certificate so they can handle the desease's final finances and Carry out the Wills provisions. They are allowed a % of the for doing this.
Trusts These I don't understand but pretty sure provisions have been Made and trustees stated.
1 Answer
Helpful Newest
First Oldest
First
DPOA, is responsible to take care of finances and medical decissions for
someone who has been found incompetent. In no way is the POA
allowed to use the finances for personal gain. Their responsibility
stops at the time the person who assigned the POA dies.
Will, The Executor now takes over. They go to probate and get a Short
Certificate so they can handle the desease's final finances and
Carry out the Wills provisions. They are allowed a % of the
for doing this.
Trusts These I don't understand but pretty sure provisions have been
Made and trustees stated.