Power of Attorney for Parents
I have two questions.
1. Can there be two principals within one Durable Power of Attorney document? I would like to have one document that covers both parents.
2. Can two different Power of Attorney documents for the same person be valid at the same time, if they are granting different powers?
Thank you for your help!
1 Answer from Attorneys
Re: Power of Attorney for Parents
Your answer to No. 1 is yes, but complications can arise when one person predeceases another. I suggest preparing a POA much like wills between couples are prepared: two documents, very similar information.
Your answer to No. 2 is yes, also, when preparing 'limited' powers of attorney. This type of document, rather than be broad and general in scope, spells out the particular powers and duties of the appointed person.
Related Questions & Answers
-
Dispersing assets What is the dollar amount and the time allowed for a parent to... Asked 3/13/07, 10:40 am in United States Ohio Elder Law
-
Medcaid and Assets Hello, I have lived beside my elderly widowed neighbor for almost... Asked 3/05/07, 11:49 pm in United States Ohio Elder Law
-
Tricked in to signing the power of attorney My Grandmas boyfriend is in his 80's and... Asked 3/02/07, 10:47 pm in United States Ohio Elder Law
-
Medicare / medicade A son and mother lived and own a house together in Ohio. Mother... Asked 2/20/07, 1:33 pm in United States Ohio Elder Law
-
Elder law Family member is currently in nsg home. Funds should run out in approx 12... Asked 2/19/07, 12:28 pm in United States Ohio Elder Law