If I have power of attorney over an estate, does that meanI also own the property?
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If I have power of attorney over an estate, does that meanI also own the property?
I need to get a CWP license for a job. In order to get this license, I have to own property in the state where the job is located. I have power of attorney over property in the state. I need to know if that is enough to be considered as an owner of the property in order to obtain the license I need for the job?
Asked on December 2, 2011 under Real Estate Law, Georgia
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
A power of attorney that you have written about is not ownership in real property for you. The power of attorney concerning the estate that you have written about means that you are the attorney in fact (designated agent in writing) for the estate to do what the estate needs to have done pending any proceedings involving it.
Having a power of attorney in and of itself is not sufficient to be an ownership right in real property. However, if you are a beneficiary under the estate that you have written about and there is real property within it as an asset, your possible ownership of the property later on may qualify you to get the CWB license for the job you want. I suggest that you consult with a Wills and trust attorney further.
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