QUESTION
does a "power of attorney" have the right to withdraw a person as beneficiary on a life insurance policy?
Asked on Sep 28th, 2012 on Elder Law - New York
More details to this question:
mother has insurance policy with both sons as beneficiaries - can the power of attorney son remove his brother from the policy?
1 ANSWER
Joseph Pippen
A person holding a POA can never use it to benefit themselves at the expense of someone else even if they are given the power to do so.
Answered on Sep 29th, 2012 at 1:13 PM