I have Durable POA (incl. financial) for my uncle who probably won't last perhaps another 1-2 weeks in the hospital (in and out of consciousness). No plans have been made for a repast after his funeral, and this is something the family wants.
Am I within my boundaries if I pre-pay for a repast prior to his passing? There are funds to provide for it in his accounts, yet he has not specifically stated it in his will.
My POA document states specifically:
"To approve accounts of any business, estate, trust, partnership or other transaction whatsoever in which I may have an interest or any nature whatsoever, and to enter into any compromise and release in regard thereto."
Just want to make sure I don't get into hot water if I write a check on his behalf to pre-pay a repast prior to his passing.
Thanks in advance for your replies.
When I basically stated all of this to him and indicated that he could pay for it himself out of the estate and just bill the estate, he pretty much grunted. This person is doing squat about funeral arrangements, I've already proactively contacted them to determine what has/hasn't been paid for and filled him in on all of the details. I've also made sure that my uncle will have an honor guard at the funeral as he is a veteran. Had I not, I can assure you that it would not be happening.
Said Executor also expected me to arrange to pre-pay the grave opening as I could currently write checks as the POA. He told me "good luck" with everything. Lol. I could go on and on.
You could arrange one now; just consider whether the named PR, E/trix or E/tor might find this inappropriate.
Who is the Executor of his estate? Generally that person will be handling the funeral arrangements.