power of attorney
After my first wife passed away, I made out a new will leaving all my estate and holdings to my only son. My main holdings were made out to joint accounts between him and I. I also gave him power of attorney in case something were to happen to me if I could not look after my own affairs. Now I have remarried and my new wife and I have a smaller account in both our names, my question is, will the power of attorney I have given to my son be valid over my new wifes'and my joint account if I could not look after my own affairs? Thanking you for any information.
1 Answer from Attorneys
Re: power of attorney
Your will is automatically revoked upon marriage. Currently, you do not have a valid will. As for your power of attorney, it would unfortunately depend on how the document is worded, as to whether or not the power would control the new account. Normally, it would be worded as a continuing power of attorney and would attach to any asset with your name on it. You may wish to consult the individual lawyer who drafted the power of attorney as to its specific effects.
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