Is power of attorney and executor the same thing? No. A power of attorney manages affairs during someone’s life, while an executor administers their estate after death. Understanding this difference is crucial for effective estate planning.
legal instruments
Can a Power of Attorney Change an Irrevocable Trust?
Can a power of attorney change an irrevocable trust? Generally, no. A POA cannot alter trust terms, beneficiaries, or trustees, but there are rare exceptions and nuances best addressed with an estate planning attorney.
Does a Personal Representative Have Power of Attorney?
Does a personal representative have power of attorney? No. While both manage affairs, a representative handles a deceased person’s estate, whereas power of attorney applies only while the grantor is alive.