Legal Question in Wills and Trusts in Michigan
Does a person with a finacial power of attorney have the authority to give an advance on an inheritance?
Asked on 9/08/09, 1:53 pm
1 Answer from Attorneys
John Tatone
John R. Tatone & Associates PLC
The financial power of attorney will dictate the authority. It is generally not a good idea to loan another persons money to a potential beneficiary or hier. There may be other ways to deal with this situation, please contact me to discuss options at johntatone.com
Answered on 9/22/09, 12:39 pm