If one is granted financial power of attorney in somebody's will, is it possible to decline it?

Similar Questions: granted financial power attorney somebody's decline Recent Questions About: granted financial power attorney somebody's decline.

You can't refuse, but you can transfer power of attorney to someone else It would be odd for one person to grant power-of-attorney to someone who didn't want it, but once someone has power of attorney, they also have the power to transfer that power to someone else. For example, a man grants power-of-attorney to his wife in his will. She feels unable to act reasonably because of the grief she is suffering.

She may then transfer the power-of-attorney to a third party. The following is true for New York, but may also be true elsewhere: As of January 1997, the statutory short-form Power of Attorney provides space to appoint an alternate or substitute Agent. A substitute Agent can act if the first Agent is unable or unwilling to act for you.

It is generally a good idea to appoint a substitute Agent. Sources: oag.state.ny.us/seniors/pwrat.html .

Yes We just did wills and poa and everything. We had to pick one person to manage our financial affairs and then a second person, in case the first one died or declined the job. We asked the people first, just to be sure.

But, yes you can refuse to do it, even if the person has already died.

1 EddieNygma, regarding your answer "You can't refuse, but you can transfer power of attorney to someone else":The only way someone can act as a substitute attorney in fact is if the grantor specifically named that person to act. The original holder of the power can't assign it on his own.

EddieNygma, regarding your answer "You can't refuse, but you can transfer power of attorney to someone else":The only way someone can act as a substitute attorney in fact is if the grantor specifically named that person to act. The original holder of the power can't assign it on his own.

2 newbie138524, regarding your answer "Yes":you don't really have to refuse. Just don't act pursuant to the power.

Newbie138524, regarding your answer "Yes":you don't really have to refuse. Just don't act pursuant to the power.

" "ANYONE KNOW OF AN OBITUARY IN THE PAST 5 YEARS IN THE STATE OF KANSAS FOR A ROBERT J. INGRAM, AN ATTORNEY AT LAW? " "If someone granted you one wish what would it be?

Why is it Attorney at Law and not Attorney of Law.

If I have power of attorney of property and there is a person there that has been asked to leave what are my options.

Anyone know of an obituary in the past 5 years in the state of kansas for a robert j. Ingram, an attorney at law?

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.