Legal Question in Insurance Law in Virginia

power of attorney

if a person has a power of attorney can they change the beneficiary on a life insurance policy while being terminally ill with out the power of attorney being present.


Asked on 8/17/04, 12:06 pm

1 Answer from Attorneys

G. Joseph Holthaus III Law Offices of G. Joseph Holthaus

Re: power of attorney

In Maryland this depends on the type of power of attorney.

A durable power of attorney with general power or a power specific

to the transaction will permit a terminally ill individual to

change a beneficiary on a life insurance policy. This may or may not be

the case in another state. Contact an attorney should you need assistance.

There, however, may be limitations within the insurance policy itself. Should

this situation arise I strongly suggest that you contact an attorney.

I am available to assist you with preparing a power of attorney and other

related matters. (410) 799-9002

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Answered on 8/17/04, 2:20 pm


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