Forty years ago, Adam was appointed executor of Mary’s estate. Mary was single with two sisters, one of whom was Adam’s mother. Mary died in the early 80s. We all assumed that Adam had distributed all of her estate. Both sisters have now died as well.
Adam is kind of a hoarder and has all sorts of crap in his apartment. Adam is now on his deathbed and is now incapable of doing anything. Adam’s siblings are going through his stuff. He still is receiving mail for a bank account of Mary. Then, we look through the state’s list of abandoned money and we find about a dozen accounts, uncashed checks, etc., that are owned by Mary. We estimate that Mary has about $20k in assets that have not been distributed.
Bill, Adam’s brother, has just been given a power-of-attorney for Adam. Can Bill use his power of attorney to collect all of Mary’s assets? Bill is also Adam’s executor, so what happens when Adam dies, which probably will happen this month.