Financial POA
Financial POA Articles
What to Do When the Bank Refuses a Financial POA Document
Sometimes even a legally prepared power of attorney (POA) document is refused by the bank. Know why financial institutions hesitate to grant POAs access to accounts and how to remedy this situation.
48 CommentsTips for Managing a Senior's Money as Financial Power of Attorney
When an aging loved one names you as their financial power of attorney (POA), you become responsible for two sets of finances: theirs and your own. Use these five pointers to simplify your job as POA for finances.
9 Comments10 Things You Should Know About Your Elderly Parent's Finances
Would you know what to do if you suddenly had to take over managing money and paying bills for your parent? Here are 10 things you need to know before assuming this responsibility.
42 CommentsPOA: How do I make sure I have the legal authority to make decisions on mom's behalf?
In order to make most decisions on an aging loved one's behalf, you must be given the legal power to do so. A durable power of attorney is a document your relative executes that gives you specific legal powers to act on his or her behalf.
12 Comments
Financial POA Questions
My siblings and I have medical and financial POA. We would like to change her Medicare plan. Are we able to act as her agent to accomplish?
3 AnswersGeaton777 Answered Sep 28, 2024As my father's POA for healthcare, do I have the right to request financial statements from my brother who has POA of finances?
3 AnswersJoAnn29 Answered Sep 28, 2024Can I purchase shampoo, cream, personal items, etc. for my mother on a Medicaid settlement spend down?
3 AnswersJoAnn29 Answered Sep 26, 2024Is this considered embezzlement?
21 Answerslealonnie1 Replied Sep 22, 2024
Financial POA Discussions
WARNING: be careful what terms you use when speaking to your elder’s bank/financial advisor/lawyer prior to getting a POA signed.
3 Commentsanonymous567821 Commented Dec 2018The Money Mystery...
6 CommentsNYDaughterInLaw Commented Aug 2017
Financial POA Related Topics
- Elder Law
- Alzheimer's & Dementia
- Care Decisions
- Durable POA
- Elder Abuse
- Cognitive Decline
- Long-distance Caregiving
- Burnout
- Dementia Behaviors
- Memory Loss
- Mild Dementia
- Severe Dementia
- Signs of Dementia
- Cancer
- Caregiving
- New to Caregiving
- Sandwich Generation
- Moderate Dementia
- Early Onset Alzheimer's
- Aging in Place