Thursday, October 23, 2014

What's better a Life Estate or Power of Attorney to transfer a title

Question

What's better a Life Estate or Power of Attorney to transfer a title



Answer

Comparing a Life Estate with a Power of Attorney is like comparing apples to a bananas. A life estate allows one to occupy a property for life and it does not give you the power to transfer title. A power of attorney may give you the power to transfer title.



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