Legal Question in Wills and Trusts in New Jersey
If someone has past and the power of attny. does not pay the debtleft.. with cash left although they say they have si that some sort of fraud?
Asked on 3/05/12, 7:45 am
2 Answers from Attorneys
Larry Raiken
Larry S Raiken LLC
A power of attorney is voided by the death of the principal.
Answered on 3/05/12, 8:23 am
Walter LeVine
Walter D. LeVine, Esq.
I agree. Death voids the POA. Now the debt is an estate matter and the Executor or Administrator has to deal with it.
Answered on 3/06/12, 7:17 am