Can the power of attorney change beneficiaries? It depends on the POA’s wording, state laws, and asset type. Specific authorization is often required, and acting against the principal’s best interest is a breach of fiduciary duty.
Can the power of attorney change beneficiaries? It depends on the POA’s wording, state laws, and asset type. Specific authorization is often required, and acting against the principal’s best interest is a breach of fiduciary duty.