Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: cmsgop
From a text. An "attorney in fact" is an agent who is authorized by means of a document called a "power od attorney" to represent the principle to do a specific act. He does not need to be a lawyer. He may be any person who has the physical and legal capacity to act in plac3e of the principle.

Illustration: Bradley expects a payment due him in cash while he is in Europe. He executesa power of attorney authorizinf Shore to receive the money for him. Payment to Shore is equivalent to payment to Bradley.

I believe the Aunt was in error in assuming power over the estate. In fact, she may have committed fraud in evading the intent of the deceased. An executor is a person named in a will to take charge of the administration of the estate subject to supervision of the court.

A person who dies and leaves a will has all of his personal assets transferred to his named executor. It is the duty of the executor in administering the estate to gater all the assets and distrubute the peoceeds in accordance with the provisions of the will.

18 posted on 08/04/2003 7:33:39 PM PDT by RLK
[ Post Reply | Private Reply | To 2 | View Replies ]


To: RLK
Forgive they typing errors.
22 posted on 08/04/2003 7:38:41 PM PDT by RLK
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson