My sister and I each hold POA for my mom who is diagnosed with Dementia. My sister changed my mothers life insurance via POA to show her as the owner and listed her husband as the beneficiary once I discovered this she refuses to change this back to show a family member as beneficiary. This is a small 10,000 policy but was for my moms end of life expenses and burial. Is what she did legal?
There is only one thing that is illegal for a POA to do - under any circumstances and that is to change a will. This is true of all 50 states.
See All Answers