Q: If I have a POA over all of my passing fathers assets including his house do I still need to petition for probate?
I have power of attorney for all of my dads assets but do I still need to petition for probate in order to access of all his bank accounts and to have his home changed into my name since he recently passed away?
A: Yes. A POA is no longer valid on the death of the principal. If the estate is less than $150,000, however, you may use a summary probate procedure under Probate Code Section 13100. Essentially, this is a declaration. If the estate is larger, and the decedent died with probate assets greater than $150,000, you must petition for letters.
Kenneth V Zichi agrees with this answer
A: A power of attorney, whether durable or otherwise, terminates on the death of the principal. The agent loses authority under the power of attorney at the moment of death. I agree with others that a California probate may be necessary for property with a situs it California, unless title to property is held in a probate avoidance way, such as in a trust, joint ownership of financial assets, joint tenancy, community property with right of survivorship, etc.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.