Legal Question in Wills and Trusts in Texas
Power of Attorney
My grandparents are showing signs of dementia and early alzheimers. Before Grandfather doesn't know what is going on the family has discussed with him to assign the power of attorney. My question is, can you have more than one power of attorney to handle finances, healthcare, etc. or can you only have one decision maker? Also, can we get a basic document online and have it notarized or is it necessary to have an attorney? thank you for your help!
2 Answers from Attorneys
Re: Power of Attorney
A Power of Attorney for Healthcare and a Durable Power for Attorney which is used for business and financial matters are two entirely different things and can be held by different people. While there are forms out there and you might even get lucky and find some that will actually stand up, you have a very limited time frame in which to get these documents executed. Once your grandparents are no longer competent, it's too late to do or change anything. It would be wisest to have an attorney who understands your aims and your grandparents' wishes, and knows how to get there prepare them for you.
Both your grandparents will need to execute several documents if your aim is to be able to care for them later and avoid the hassle and expense of Guardianships. Feel free to contact my office if you would like to discuss this further.
Re: Power of Attorney
you need to talk to a lawyer and no fee for initial consultations..call us or someone in your area