Legal Question in Wills and Trusts in California
My son is going into the Military and wants me to have a General Power of Attorney to handle things if he needs or wants me to. I am already joint on his bank accounts and beneficiary on his life insurance. Can I legally be his Attorney-In-Fact on a General Power of attorney or does this cause somekind of conflict of interest?
Asked on 2/09/11, 11:14 am
2 Answers from Attorneys
Frankie Woo
Fiducia Legal
That shouldn't cause a conflict of interest. Normally, parents appoint their kids as agents and hold joint bank accounts with them without any problems. In your case, its the other way around.
Answered on 2/09/11, 11:28 am