Most likely, yes. You need to be certain that the power of attorney is a general power of attorney for finanicial management, is immediately effective, and does not provide limitations on the agent's power to convey real property. Your wife should only do so if she is exercising this power in a fiduciary capacity (not self-dealing, for example). You will need to record the power of attorney as well.
Answered on Oct 29th, 2014 at 12:22 PM