Selling Parents Home Legally
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Georgia
In Georgia, a Power of Attorney (POA) can grant you the authority to manage your parents' property, including selling their home. However, it's crucial to:
- Have a clear, written POA that explicitly allows the sale of property.
- Ensure the decision is in your parents' best interest, taking into consideration their mental state.
- Seek legal counsel to confirm your actions are legal and ethical.
- Have a clear, written POA that explicitly allows the sale of property.
- Ensure the decision is in your parents' best interest, taking into consideration their mental state.
- Seek legal counsel to confirm your actions are legal and ethical.
So i have permission even if they dont want to
If your parents have dementia and are not capable of making informed decisions, and you have a valid POA that specifically allows property transactions, you may legally sell their home. However, always ensure your actions are in their best interest. Consult with a local attorney for guidance.
Can a person with mild dementia still sign a poa and appoint someone
In Georgia, a person can sign a Power of Attorney (POA) if they understand the document's purpose. However, if dementia has affected their understanding, it could potentially invalidate the POA. It's advisable to consult a healthcare professional for assessment and a lawyer for legal advice.
What classifies as understanding
In legal context, understanding refers to the ability to comprehend the nature and consequences of actions or decisions. For signing a POA, the person should be able to comprehend:
- The powers they're granting
- The potential risks involved
- The rights they're retaining or giving up.
- The powers they're granting
- The potential risks involved
- The rights they're retaining or giving up.
So even if they have mild dementia as long as they undertand what their signing at that moment is all that matters ?
Yes, in general, if a person with mild dementia still has the capacity to understand the nature and consequences of the Power of Attorney (POA), they can sign it. However, it's recommended to get a healthcare professional's assessment to confirm their capacity at the time of signing.
Is it good to get the poa before the dementia gets advanced
Yes, it's advisable to obtain a Power of Attorney (POA) while the person still has the mental capacity to understand it. This helps to avoid legal complications and ensures that their wishes are respected in the event of advanced dementia.
So someone whondoesnt understand and cant sign a poa. Give me an example
A person with severe dementia who can't comprehend the purpose and implications of a POA, e.g., they can't understand that they're authorizing someone else to make decisions on their behalf or they're unsure about which assets they own. They would be unable to sign a valid POA.
So if they were to disagree and challenge what i did. What cpuld happen
If your actions as POA are challenged:
- A court may review your decisions.
- If found not in your parents' best interest, you could lose your POA status.
- In severe cases, legal penalties may apply.
Always consult a lawyer in disputed situations.
- A court may review your decisions.
- If found not in your parents' best interest, you could lose your POA status.
- In severe cases, legal penalties may apply.
Always consult a lawyer in disputed situations.
What would be a sevre case
A severe case could involve accusations of financial exploitation or abuse. This might include misusing funds, selling property without consent or at less than market value, or not acting in the best interest of the person with dementia. Legal penalties could involve fines or imprisonment.
Ok but even if i sell at less than fmv, i am still acting in the best intrest because it is urgent to me that i no longer care for them and that they get better care.
Despite the urgency, selling property at less than fair market value could be seen as financial exploitation. It's critical to:
- Demonstrate that the sale benefits your parents' well-being
- Seek professional appraisal for fair pricing
- Consult with a lawyer to ensure legal compliance.
- Demonstrate that the sale benefits your parents' well-being
- Seek professional appraisal for fair pricing
- Consult with a lawyer to ensure legal compliance.
How would i demonstrate it benifits their well being
To demonstrate that selling the property benefits your parents' well-being, you could:
- Document their needs for professional care, such as medical records or doctor's recommendations.
- Show the cost of this care and how the sale of the property will cover these expenses.
- Provide evidence of your efforts to get a fair price for the property.
- Document their needs for professional care, such as medical records or doctor's recommendations.
- Show the cost of this care and how the sale of the property will cover these expenses.
- Provide evidence of your efforts to get a fair price for the property.
Ok yes i would pay for their care and help their child
It's commendable that you wish to ensure proper care for your parents. However, remember:
- Keep transparent records of all transactions.
- Use funds from property sale for their care.
- Consult a lawyer for legal compliance.
- Keep transparent records of all transactions.
- Use funds from property sale for their care.
- Consult a lawyer for legal compliance.
If the funds are used for their child is that OK
While it's important to use the funds for your parents' care, using some for their child's welfare might be acceptable if it aligns with their best interest. However, it's critical to:
- Ensure the child's needs directly relate to your parents' care.
- Maintain transparency in all transactions.
- Consult a lawyer for guidance.
- Ensure the child's needs directly relate to your parents' care.
- Maintain transparency in all transactions.
- Consult a lawyer for guidance.
What do you mean relate to parents care. Noone else can take care of the child or has been other than me
By 'relate to parents' care', it means the child's needs are directly linked to the well-being of your parents. For instance, if the child needs certain resources to adequately care for your parents. However, you must consult a lawyer to ensure these transactions are legally acceptable.
If using the funds help support myself and living to remain taking care of my parent. Is that directly linked
Yes, if you're using the funds to support yourself in your role as caregiver, that can be directly linked to your parents' care. It's important to:
- Keep detailed records of how the funds are used.
- Ensure the expenses are reasonable and necessary for care.
- Seek legal advice for compliance.
- Keep detailed records of how the funds are used.
- Ensure the expenses are reasonable and necessary for care.
- Seek legal advice for compliance.
How is it linked
It's linked because you're using the funds to cover your basic living costs, which enables you to continue providing care for your parents. However, these expenses should be reasonable and directly related to their care. Always consult a lawyer to ensure legality.
So i could use some of the proceeds from the sale of the home then?
Yes, as a caregiver, you may use some proceeds for reasonable and necessary expenses related to your parents' care. Remember to:
- Keep detailed records of all expenses.
- Ensure these costs are directly linked to their care.
- Consult a lawyer to confirm this approach is legally acceptable.
- Keep detailed records of all expenses.
- Ensure these costs are directly linked to their care.
- Consult a lawyer to confirm this approach is legally acceptable.
What is an executor
An executor is a person named in a will who is responsible for:
- Managing the deceased's estate
- Paying debts and taxes
- Distributing the remaining assets as per the will's instructions
If no executor is named or they're unable to act, the court usually appoints one.
- Managing the deceased's estate
- Paying debts and taxes
- Distributing the remaining assets as per the will's instructions
If no executor is named or they're unable to act, the court usually appoints one.
How do i find out if someone has a poa
To find out if someone has a Power of Attorney (POA), you can:
- Ask the person directly
- Check with any institutions they deal with, like banks or healthcare providers
- Consult with a lawyer for legal assistance.
- Ask the person directly
- Check with any institutions they deal with, like banks or healthcare providers
- Consult with a lawyer for legal assistance.
Does an exectutor count while living
An executor's role begins after the death of the person who made the will. While the person is living, the executor has no authority over their assets or decisions. That role is typically covered by a Power of Attorney (POA) or similar legal arrangements.
What is a living will
A Living Will is a legal document that:
- Expresses your wishes regarding medical treatment if you become seriously ill and unable to communicate.
- Can include preferences about life-prolonging measures, pain management, etc.
- Is not the same as a Last Will and Testament, which deals with property distribution after death.
- Expresses your wishes regarding medical treatment if you become seriously ill and unable to communicate.
- Can include preferences about life-prolonging measures, pain management, etc.
- Is not the same as a Last Will and Testament, which deals with property distribution after death.
Living will doesnt have a specific person dedication
It seems like you're saying the Living Will doesn't specify a particular person to make decisions. Is that correct? If so, in many jurisdictions, you can designate a Healthcare Proxy or Power of Attorney for Healthcare to make these decisions when you're unable.
Living will says to my family physician and all those concerned with care. What does this means
This statement in a Living Will generally means that the instructions within the document should be followed by the person's family doctor and anyone else involved in their healthcare. It's a directive to these individuals to respect and implement the person's healthcare wishes as outlined in the Will.
What is a co agent
A co-agent in the context of a Power of Attorney (POA) is a person who shares the responsibility and authority of making decisions on behalf of the principal, along with another agent. Both co-agents can act independently unless the POA document specifies otherwise.
Does a new dpoa revoke any previous ones
In Georgia, typically, a new Durable Power of Attorney (DPOA) revokes any previous ones. However, the new DPOA should explicitly state that it revokes all prior DPOAs. Always consult a local attorney to ensure legal compliance.
New dpoa doesnt state it revokes previous ones but does it still cancle any previous ones
In Georgia, if a new Durable Power of Attorney (DPOA) doesn't explicitly state it revokes previous ones, it usually doesn't cancel them. Both could be effective unless they contradict each other. Consult a local attorney for clarity.
A poa vs executor
A Power of Attorney (POA) and an Executor serve different roles:
- POA: Operates while the principal is alive, making decisions on their behalf as specified in the POA document. Can be revoked or altered while the principal is mentally competent.
- Executor: Role begins after the principal's death, managing the estate, paying off debts, and distributing assets as per the instructions in the will.
- POA: Operates while the principal is alive, making decisions on their behalf as specified in the POA document. Can be revoked or altered while the principal is mentally competent.
- Executor: Role begins after the principal's death, managing the estate, paying off debts, and distributing assets as per the instructions in the will.
Can i poa do what i want even if theirs an appointed exectuor
As a Power of Attorney (POA), you have authority to act on behalf of the principal while they're alive, even if an executor is named in their will. Your actions should be:
- In line with the POA's terms
- In the principal's best interest
- Lawful and ethical
The executor's role begins after the principal's death. Always consult a lawyer for guidance.
- In line with the POA's terms
- In the principal's best interest
- Lawful and ethical
The executor's role begins after the principal's death. Always consult a lawyer for guidance.
Can i as a poa change or modify an existing will
As a Power of Attorney (POA), you generally cannot change or modify an existing will. The person who created the will (the testator) is the only one who can make changes while they're mentally competent. Consult a local attorney to understand your legal boundaries.
So if as a poa if i do not sell the persons home for example while their alive, now the executor is the only one who can sell the home
Yes, that's correct. After the person's death, the executor named in the will takes over the responsibilities. They would then have the authority to sell the home as part of settling the estate, unless the will specifies otherwise. Always consult with a local attorney for clarity.
So it would be better if i take care of the estate now if needed to for their best intrest
Yes, managing the estate while acting as a Power of Attorney (POA) could be beneficial if it's in the person's best interest. However, remember to:
- Consider the person's wishes and needs.
- Consult with a lawyer to ensure legal compliance.
- Keep detailed records of all transactions.
- Consider the person's wishes and needs.
- Consult with a lawyer to ensure legal compliance.
- Keep detailed records of all transactions.
What if someone else has a poa i didnt know about and i currently have a poa
If someone else also has a POA and you weren't aware, it's essential to:
- Identify whether these POAs contradict each other.
- Determine which POA was signed last, as it typically supersedes previous ones.
- Consult a local attorney for guidance.
- Identify whether these POAs contradict each other.
- Determine which POA was signed last, as it typically supersedes previous ones.
- Consult a local attorney for guidance.
Their was a poa signed before around *. Parent created a new one in *. Could the person with the other poa challenge or stop me from doing a sale of home
In Georgia, typically, the most recent Power of Attorney (POA) supersedes any previous ones. However, the person with the older POA might potentially challenge actions taken under the new POA. It's crucial to:
- Consult a local attorney.
- Have clear documentation of the newer POA.
- Ensure your actions align with your parents' best interest.
- Consult a local attorney.
- Have clear documentation of the newer POA.
- Ensure your actions align with your parents' best interest.
Are you sure the one would override it meaning if i were to sell the persons vehicle. The other person with poa cannot stop me?
In Georgia, typically, the most recent Power of Attorney (POA) overrides previous ones. If you're acting under a newer POA, the person with the older POA generally can't stop you. However, in case of disputes, courts may intervene. Always consult with a local attorney for clarity.
Poa states if you wish to name more than one agent you may name a successor agent or name a co agent. No person was listed. But the other person does have a poa. So does this mean ther poa is invalid
If the POA document doesn't name a co-agent or successor, and there's a more recent POA, the older one is typically considered superseded in Georgia. However, legal disputes can arise, so it's vital to:
- Consult a local attorney.
- Have clear documentation of the newer POA.
- Act in your parents' best interest.
- Consult a local attorney.
- Have clear documentation of the newer POA.
- Act in your parents' best interest.
Can i modify the exsiting poa without going through the same process when i first got the pao
No, as a Power of Attorney (POA) agent, you generally cannot modify an existing POA. Only the principal (the person who assigned the POA) can change it while they're mentally competent. Always consult a local attorney for accurate advice.
Does a durable poa outweigh a general
A Durable Power of Attorney (DPOA) and a General Power of Attorney (GPOA) serve different purposes:
- DPOA: Remains in effect even if the principal becomes mentally incapacitated.
- GPOA: Terminates if the principal becomes mentally incapacitated.
Neither "outweighs" the other; it depends on the specific circumstances and needs. Always consult a local attorney for clarity.
- DPOA: Remains in effect even if the principal becomes mentally incapacitated.
- GPOA: Terminates if the principal becomes mentally incapacitated.
Neither "outweighs" the other; it depends on the specific circumstances and needs. Always consult a local attorney for clarity.
What is the diff between a general and durable poa
A General Power of Attorney (GPOA) and a Durable Power of Attorney (DPOA) differ mainly in their duration:
- GPOA: Ceases if the principal becomes mentally incapacitated.
- DPOA: Remains in effect even if the principal becomes mentally incapacitated.
Always consult a local attorney for personalized advice.
- GPOA: Ceases if the principal becomes mentally incapacitated.
- DPOA: Remains in effect even if the principal becomes mentally incapacitated.
Always consult a local attorney for personalized advice.