Legal Question in Wills and Trusts in Arizona
In the state of Arizona,if a new power of attorney is written with specific rules regarding any and all trust accounts dose it supersede the power of attorney originally written in an irrevocable trust.
Asked on 10/30/12, 8:13 am
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
A new POA properly made and executed, will supercede a previous POA.
There is no POA in a trust agreement. The trust agreement describes the powers given to the Trustee to act for and administer the trust business.
You should confer with an attorney to examine the documentation that you have and to learn what rights, duties and obligations that the trustee has and that the agent under the power of attorney has.
Answered on 10/30/12, 8:38 am
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