Legal Question in Wills and Trusts in California
If I have the power of attorney for a family member, I am responsible for his/her debts or loans?
thank you
Asked on 2/02/10, 8:46 am
2 Answers from Attorneys
George Shers
Law Offices of Georges H. Shers
The same question was asked and answered about 3-4 weeks ago. No, you assume
no liability.
Answered on 2/07/10, 9:10 am
Robert F. Cohen
Law Office of Robert F. Cohen
To the extent that it's a financial power of attorney, no. However, you have an obligation to the family member to manage the person's money wisely, and make it as productive as possible.
Answered on 2/07/10, 11:42 am
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