Legal Question in Credit and Debt Law in Florida
My child now 30 years old wants me to have power of attorney on her. Would that make responsable for her debts?
Asked on 1/20/12, 7:18 am
1 Answer from Attorneys
Lucreita Becude
Lucreita D. Becude, P.A.
No - it would allow you to handle her financial affairs and not indebt her but to use your fiduciary powers to make good decisions for her. You could talk with her creditors on her behalf.
Answered on 1/20/12, 7:51 am