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-   -   Can my sister receive inherited money if I give her power of attorney (https://www.askmehelpdesk.com/showthread.php?t=488393)

  • Jul 14, 2010, 05:21 PM
    poahelp
    Can my sister receive inherited money if I give her power of attorney
    My father died without a will and we are now selling the property, I live in Mexico so I have given the power of attorney to my sister to receive my share of the money... shouldn´t she be able to get it from the escrow company? Or can they say they have to send it directly to me for a 10-20% of my share of the money?
    I feel if I give my sister POA the escrow company should be able to give her my share also and not say that because I am not a US citizen they should send it to me at That high of percentage? Can someone please help?
  • Jul 14, 2010, 05:31 PM
    cdad

    Have you tried calling the escrow company and ask them? Since all the new rules of the homeland security department threw at us things have changed in the last few years. Also if the money is being sent to you by your sister then there is going to have to be documentation following it the entire way. Otherwise the government can seize it. And you get nothing or next to nothing for years if ever.
  • Jul 14, 2010, 05:46 PM
    Fr_Chuck

    There are ways to do this, or even hire an attorney to represent you in the matter,

    I would be concerned over the honesty of any firm asking for 20 or more precent merely to send it to you.

    When my father died ( all I the US) they merely mailed me all the forms, I signed them, they sent me the money.

    I guess some choices will depend on how much money is this
  • Jul 14, 2010, 06:09 PM
    poahelp
    Quote:

    Originally Posted by califdadof3 View Post
    Have you tried calling the escrow company and ask them? Since all the new rules of the homeland security department threw at us things have changed in the last few years. Also if the money is being sent to you by your sister then there is going to have to be documentation following it the entire way. Otherwise the government can sieze it. And you get nothing or next to nothing for years if ever.

    What if I were to say that I want to give her my share because I rather have a family member have it than the Government? Giving her the power of attorny she should be able to receive that money right?
  • Jul 14, 2010, 06:10 PM
    poahelp
    Quote:

    Originally Posted by Fr_Chuck View Post
    There are ways to do this, or even hire an attorney to represent you in the matter,

    I would be concerned over the honesty of any firm asking for 20 or more precent merely to send it to you.

    When my father died ( all i the US) they merely mailed me all the forms, I signed them, they sent me the money.

    I guess some choices will depend on how much money is this

    Thanks for your effort in helping me but it really does change a lot since I am in Mexico and not the US.
  • Jul 14, 2010, 06:21 PM
    cdad

    The only time the government would touch it is if its tranfered across boarders. So if it's a fairly large amount they may question it. As far as what you can do with the money its yours. You can do what you want. Im just stating that you follow all the proper paperwork to get it to you so you get the biggest benefit from it.
  • Jul 14, 2010, 06:41 PM
    poahelp
    Quote:

    Originally Posted by califdadof3 View Post
    The only time the government would touch it is if its tranfered across boarders. So if its a fairly large amount they may question it. As far as what you can do with the money its yours. You can do what you want. Im just stating that you follow all the proper paperwork to get it to you so you get the biggest benefit from it.

    So If I gave the power of attorney to my sister she would be able to receive it instead of tehm trying to send it to me?
  • Jul 14, 2010, 06:42 PM
    cdad
    Quote:

    Originally Posted by poahelp View Post
    So If I gave the power of attorney to my sister she would be able to recieve it instead of tehm trying to send it to me?

    Yes. So long as she has the documents to support the POA. They have to act on it.
  • Jul 14, 2010, 07:22 PM
    poahelp
    Quote:

    Originally Posted by califdadof3 View Post
    Yes. So long as she has the documents to support the POA. They have to act on it.

    Thanks, if you know of anything else thank can help me esolve this issue I would appreciate it.

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