Legal Question in Wills and Trusts in Texas
Power of Attorney
If you are disgnated as Power of Attorney for an elderly relative are you liable for their debts upon their death?
Asked on 3/24/00, 9:40 am
1 Answer from Attorneys
Paul T. Hebda, Ph.D., J.D.
The Hebda Law Firm
Re: Power of Attorney
Power of attorney is an important and fiduciary responsibility. Nothing to be taken lightly. They end upon the happening of one of either two events: first, the person revokes the power or two, the person died. They do not survive death.
Answered on 3/28/00, 8:28 am