Powers of Attorney
ref: http://www.navydep.com/forums/showthread.php?t=1596
I have a vehicle titled in my name only. Should I get a POA so that my wife can do whatever is needed? What POAs from the Craig's thread do you recommend I have ready for my wife if any? |
Yes.
You probably want a POA for your car, bank, taxes (depending on when you'll be gone), lease, children (if applicable). People will argue for and against general POAs. The reality is that there isn't much they can do any more, but in my experience can be helpful for the little things that might come up. |
Very true on the ups and down side of POA's. If your wife and you have bank accounts together, insurance together, you are pretty much ok. If something were to happen to you a POA comes in very handy, including having taxes done! NOW..on the down side, and this comes from first hand experience from my oldest son. He gave his wife a general POA while he was in Korea..she used that to sell his car, motorcycle, clean out the bank accounts, moved..AND THE BIGGEST was actually able to sign his name to proceed with a divorce! And when he came home, it was already done, his marriage over and he was left with ZERO! Military legal and a private attorney could not do anything about it as she had the legal right to sign his name to anything she felt like!
A general POA makes the person able to sign for a loan using your name, sell your belongings, apply for credit cards in your name, etc. My PERSONAL opinion is to get a LIMITED POA, where it states exactly what can AND cannot be done ONLY! |
Quote:
I hope the very worse for that _______. |
Quote:
|
All times are GMT -6. The time now is 07:51 AM. |
Powered by vBulletin® Version 3.8.8 Beta 3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
vBulletin Optimisation provided by
vB Optimise v2.6.0 (Pro) -
vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
This site and contents ©2009-2014 NavyFamiles