Hi. This is my first post. I want to thank everyone on here for being so caring, knowledgeable and helpful!
My question involves the Revocation of Power of Attorney documents. My late friend signed 3 different Power of Attorney documents in 2021. I am not sure he really wanted to but he felt somewhat persuaded into accepting them. The first one was a Limited Financial Power (for bill-paying and bank transactions with his local Truist Bank. The second was an Advance Medical Directive and the third was a Durable General Power of Attorney. I was listed on all 3 documents but another person was the first one listed (the "tie breaker") on all 3.
My friend decided a few weeks later that he was not happy with any of the 3 documents and he officially revoked them. He was of sound mind when he did this. When they were revoked, was the Medical Directive also revoked or is that a separate "power" that needs to be revoked in a stand-alone document? I am asking because I have been told that at least in my state of Virginia, the financial powers can be revoked but the Medical still stands, unless revoked separately. Thanks for your help!
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Now he has passed, his Executor takes over. If no Will someone needs to become an Administrator. If there is an administrator, then the State determines who inherits.
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I was POA for my parents and that worked out fine because we knew each other for years of course. In my deceased friend's case, there was a rush to get POA status by the main agent on the documents and she lived 3,000 miles away from my friend. I lived 2 miles away. Crazy situation and he had no close family. I have heard other horror stories about too many people trying to be included on Power of Attorney papers.