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Legal and Financial Responsibilities of a POA Holder?

Is the person that is appointed to have power of attorney responsible for the person's debt?

By mary jane jones

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February 23, 20110 found this helpful

Talk to a lawyer that specializes in poa. Laws vary by state and there have been many changes in federal law. My wife had to get poa for her father and the lawyer told us more in an hour than we could have found out by ourselves doing weeks of research.

 
February 23, 20110 found this helpful

I agree you need to talk to a lawyer about this. not do laws vary state by state the types of poa do to from general to medical only.

 

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