Legal Question in Wills and Trusts in Texas
power of attorney''general''
I was appointed power of attorney by my sister who was in state jail. How is power of attorney terminated? Can she appoint another person as power of attorney before terminating mine? What of my decisions can be challenged with a general power of attorney over all affairs.
1 Answer from Attorneys
Re: power of attorney''general''
Your power of attorney can be terminated by your sister making a new statutory power of attorney, or upon her death. As s0on as she appoints a new attorney-in-fact, yours ends.
Anything that smell of self-dealing may be challenged. That includes making loans to yourself, paying yourself a salary for holding the general power of attorney or commission for transactions as attorney-in-fact, buying personal items for yourself or family, or any other transaction where you stand to personally benefit.
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