Can a power of attorney change life insurance beneficiary? It depends on the POA’s specific language, state law, and whether it explicitly grants this power. Consult an estate planning attorney to ensure your wishes are followed.
beneficiary designation
Can a Power of Attorney Change a POD Account?
Can a power of attorney change a POD account? Generally, no. A POD account’s beneficiary designation supersedes POA authority, ensuring assets transfer directly upon death, avoiding probate.