Can beneficiary be changed by power of Atty.

[vtbikers]

Florida
Can someone with power of attorney change the beneficiary on a life insurance policy

 

[BlondiePB]

Florida
Can someone with power of attorney change the beneficiary on a life insurance policy

Does the owner of the policy want the beneficiary changed?

 

[vtbikers]

Deceased

They are deceased. But I think that my father tried to change beneficiary to himself. He has power of attorney.

 

[BlondiePB]

They are deceased. But I think that my father tried to change beneficiary to himself. He has power of attorney.

POA dies along with the person's passing.

 

[Dandy Don]

In most states this could be considered abuse of power of attorney and the person who did it could be subjected to embezzlement charges. Consult a probate or business law attorney to see what your state law says.

Normally a beneficiary change should be done with a form submitted by the insurance company.

DANDY DON IN OKLAHOMA ([email protected])