Hi. This is my first post. I want to thank everyone on here for being so caring, knowledgeable and helpful!
My question involves the Revocation of Power of Attorney documents. My late friend signed 3 different Power of Attorney documents in 2021. I am not sure he really wanted to but he felt somewhat persuaded into accepting them. The first one was a Limited Financial Power (for bill-paying and bank transactions with his local Truist Bank. The second was an Advance Medical Directive and the third was a Durable General Power of Attorney. I was listed on all 3 documents but another person was the first one listed (the "tie breaker") on all 3.
My friend decided a few weeks later that he was not happy with any of the 3 documents and he officially revoked them. He was of sound mind when he did this. When they were revoked, was the Medical Directive also revoked or is that a separate "power" that needs to be revoked in a stand-alone document? I am asking because I have been told that at least in my state of Virginia, the financial powers can be revoked but the Medical still stands, unless revoked separately. Thanks for your help!
Now he has passed, his Executor takes over. If no Will someone needs to become an Administrator. If there is an administrator, then the State determines who inherits.
I was POA for my parents and that worked out fine because we knew each other for years of course. In my deceased friend's case, there was a rush to get POA status by the main agent on the documents and she lived 3,000 miles away from my friend. I lived 2 miles away. Crazy situation and he had no close family. I have heard other horror stories about too many people trying to be included on Power of Attorney papers.