I work with three CPAs in an office. Sometimes, I hear stories that make the hairs on the back of my neck rise!
A lady came to our office to meet one of the CPAs. She mentioned to the CPA that her brother was very ill, and he might not make it through the weekend. (Unfortunately, he did not.) She said “I had everything, I had a power of attorney (POA) over him to take care of his stuff….”
Unfortunately, she did not know that the POA become worthless the moment he die.
A lady came to our office to meet one of the CPAs. She mentioned to the CPA that her brother was very ill, and he might not make it through the weekend. (Unfortunately, he did not.) She said “I had everything, I had a power of attorney (POA) over him to take care of his stuff….”
Unfortunately, she did not know that the POA become worthless the moment he die.
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