Legal Question in Banking Law in Pakistan
if some one have given special attorney to his son in law that after the death my son in law can even operate the bank account.
whether it is possible?
and same person have only son who is legal heir
can he claimed for the concerned account?
what would be the situation of both if they claim from the bank for the amount in deceased account?
and what would be the situation if real son have some written instruction that the above son in law could not continue the account after the death of my father?
please reply me with details
2 Answers from Attorneys
Power of attorney cannot be exercised for dead person.. Son should get succession after death.. For more do consult me at [email protected]
Regards,
Inheritance is a right created by law and the power of attorney is special and equitable remedy which is specifically concerned with power of attorney and it doesn't create inheritance right in property.. Hence son in law is not legal heir of the deceased..... And real son can claim funds after obtaining succession certificate from court.
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