Legal Question in Wills and Trusts in New Jersey
Power of Attorney june 1989
I am power of attorney for my dad dated above. It is a general power of attorney takes effect regardless of disa bility. is it expired? he is still alive and he wishes me to be his power of attorney still.
2 Answers from Attorneys
Re: Power of Attorney june 1989
I would need to review the terms of the document, but it is likely that the power of attorney is still in effect. Nevertheless, your father should probably execute a new POA because the law concerning POA's has changed several times since 1989 (especially with regard to banking powers).
Re: Power of Attorney june 1989
If the power of attorney (POA) states it is not affected by disability, it is referred to as a Durable POA; it sounds like it is still valid, but new laws may/probably would suggest/require a new revised document.