durable power of attorney If my husband signs a durable power of attorney to…

Posted on by

durable power of attorney
If my husband signs a durable power of attorney to take over his father’s financial and medical affairs, will that make him responsible for his father’s past debts? His father has a car that is behind in payments, and will most likely be repossessed, so will my husband be responcible for that debt? My husband has also recently added himself to his father’s bank account, so will this repossession of the car affect my husband’s credit standing?

2 thoughts on “durable power of attorney If my husband signs a durable power of attorney to…”

  1. Re: durable power of attorney
    No, except possibly as to the bank account. Being a joint signatory on the account shouldn’t affect the credit, but that is not a ‘guaranty’. Ask the bank itself for their opinion; they’re in the credit business.

    Terry A. Nelson
    Nelson & Lawless
    18685 Main St., #175
    Huntington Beach, CA 92648

  2. Re: durable power of attorney
    No, no and no

    Phillip Lemmons, Esq.
    Law Offices of Phillip C. Lemmons
    10221 Slater Avenue, Suite 106
    Fountain Valley, CA 92708

Comments are closed.