Legal Question in Administrative Law in New Jersey
What's better a Life Estate or Power of Attorney to transfer a title
Asked on 7/12/11, 3:51 pm
1 Answer from Attorneys
Locksley Wade
Law Office of Locksley O. Wade
Comparing a Life Estate with a Power of Attorney is like comparing apples to a bananas. A life estate allows one to occupy a property for life and it does not give you the power to transfer title. A power of attorney may give you the power to transfer title.
Answered on 7/12/11, 3:58 pm