Does the power of attorney continue after the death of the principal? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Does the power of attorney continue after the death of the principal?

Asked by Banky team 2 months ago 2 views
Banky team Reviewed editorial answer

The general rule is that a power of attorney terminates upon the death of the principal; therefore, it cannot be relied upon to manage the accounts of a deceased person.

After death, the funds become subject to estate proceedings and the establishment of heirship.

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