WHATS THE DIFFERENCE BETWEEN POWER OF ATTORNEY & EXECUTOR (PERSONAL REPRESENTATIVE)?
Power of Attorney works while the person is alive, and gives the agent authority to make decisions on behalf of the person. These decisions are as binding as though the person themselves had made the decisions. Power of Attorney ends when the person dies. Executor or Personal Representative takes authority after a person dies and is limited to carrying out the instructions contained in a will, as interpreted and confirmed by the probate court. If an executor was not named prior to the persons death anyone can apply to serve as administrator. Check with your legal counsel for more details.
Related Questions
- RELATIONSHIP OF POWER OF ATTORNEY TO OTHER LEGAL INSTRUMENTS What is the difference between an attorney-in-fact and an executor or personal representative?
- What is the difference between an executor / administrator / personal representative?
- What is the difference between a Living Trust and a Power of Attorney?
