Legal Question in Wills and Trusts in Virginia
Power of Attorney
My mother would like to give Power of Attorney to me, but I would prefer that my sister, who lives with my mother, be given the Power of Attorney. Can two people be named as Agents on the Power of Attorney? Can she have two Power of Attorneys (one for financial matters, the other for medical)?
2 Answers from Attorneys
Re: Power of Attorney
Yes, she can. Each POA would be for a specific pupose and therefore would be classified as a special power of attorney as opposed to a general POA.
Re: Power of Attorney
Yes, two people can be named as co-agents. However, that can create other problems, e.g. suppose they disagree or that one is unavailable.
In fact the financial power of attorney and the medical power are different documents. There is no requirement that the attorneys in fact or agents be same. There are some potential problems if the agents are different, which can be dealt with, but need to be considered before the documents are finalized.
Your mother ought to consult with an attorney and then have discussions with you and your sister.