Who has power of attorney after death if there is no will?
Many people are mistaken that being an envoy, after the death of the main, they cannot manage the financial possessions of the deceased. This is completely wrong. After the death of the principal, the power of protector loses any value, regardless of the type of proxy. Consequently, the agent loses all its powers provided for in the letter of advocate.
There are two ways of development of events after the death of the base: with or without a will. If the executor is indicated in the will in the will, to whom the liability for the specified financial properties and the property of the deceased passes. This person may be the same person who was an envoy by proxy. But it is needful to take into account the fact that the main must necessarily indicate the executor separately, regardless of the proxy.
In the event that a human does not have a will or other characteristic plan, the right to appoint the performing human, guided by the laws of each individual state. After the appointment, this person begins to be accountable for the characteristic and assets of the reduced, also guided by the laws of a certain state. In this case, his actions do not always correspond with the wishes of the slashed.
Real asset proxy
A procuration for real ownership is one of the types of letter of advocate that enables the maim to appoint an agent, who in turn will obtain the right to sell, lease, process management or to purchase real substance on behalf of the base. This type of proxy can grant both broad and narrow opportunities with respect to the agent, it all conditionals on the desire of the main and on how the proxy is drawn up. Often, when the basic gives the right to the agent to sign on his behalf all the final papers related to real property and not only.
Just like all types of letters of advocate, a real asset proxy ends after the demise of the owner. That is why in some setups it is so important to have characteristic planning that allows you to appoint after your death a performer who will have the same rights as an agent in a letter of protector.
The issue of drawing up a feature plan or testament must be approached with full responsibility and seek help from an advocate. A qualified counsel will be able to understand all your wishes and draw up the most suitable option, which will take into account all the subtleties of a separate staff, and most importantly will satisfy your needs.
What is a durable procuration for health care?
A lasting letter of advocate for medical care is a document. Which makes it possible to appoint a person (agent) who will be able to make decisions about the health of the principal, if the latter is not able to do it on his own. This agent right can apply to all types of diseases and to the entire medical field.
The main feature and at the same time, the advantage of this letter of protector is that it is much wider than a living will, which in turn expresses the wishes of the victim only based on state law. The downside of this is that it cannot express a person’s wishes regarding the procedures on which life extension depends (life support apparatus and the like).
In cases where there is a medical procuration, you have the opportunity to appoint the person to whom you would be entrusted to decide for you a difficult decision regarding your life. The identity of such an agent is often very different from the one that should solve your health issue according to state laws.
There are frequent cases of lengthy litigation for authorities to make solutions for the continuation of the life support of the patient. Such cases occur in the absence of a medical power of attorney, and this affects primarily the person whose life is already at risk.