Legal Question in Wills and Trusts in California
Power of attorney and gifts from principal to attorney-in-fact
What are the California state laws regarding the attorney-in-fact receiving gifts from the principal when a Durable Power of Attorney is in effect? On the Power of Attorney forms I've seen, the attorney-in-fact can receive gifts if the principal authorizes the agent to receive or accept gifts. What is involved in this ''authorization''? Is there a special form required?
Asked on 11/09/05, 1:18 am
1 Answer from Attorneys
Ken Koenen
Koenen & Tokunaga, P.C.
Re: Power of attorney and gifts from principal to attorney-in-fact
It must state the powers on the POA
Answered on 11/09/05, 12:35 pm