Legal Question in Wills and Trusts in Mississippi
Power of Attorney
I would like to know if a non blood relative that has been assigned as a Power of Attoney can claim CD's that were in blood relatives names that were POD?
Asked on 6/21/05, 2:00 pm
1 Answer from Attorneys
Albert Pettigrew
Law Offices Ph 228-875-8736
Re: Power of Attorney
The attorney-in-fact will have a heavy burden of persuasion to claim the CDs because he or she had fiduciary responsibilities to the principal during his or her life and which ended at the time the principle became incompetent or passed away.
Answered on 6/21/05, 7:48 pm