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re: is a power of attorney for aging parents a good idea?
Posted on 4/7/24 at 1:41 pm to keakar
Posted on 4/7/24 at 1:41 pm to keakar
I’m going though it now.
Don’t want guardianship, but POA is the happy medium.
You make financial decisions.
You can freeze their credit. My father is now getting calls where they ask him for ssn and he keeps giving it to them. Credit freeze can help with fraud.
Don’t want guardianship, but POA is the happy medium.
You make financial decisions.
You can freeze their credit. My father is now getting calls where they ask him for ssn and he keeps giving it to them. Credit freeze can help with fraud.
1
Posted on 4/7/24 at 3:32 pm to dstone12
quote:
Don’t want guardianship, but POA is the happy medium.
A POA can be revoked. If your parent has dementia then a conservatorship or guardianship is the way to go. Do it while they are still mostly there so their wishes get more consideration.
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