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re: is a power of attorney for aging parents a good idea?
Posted on 4/7/24 at 8:02 pm to keakar
Posted on 4/7/24 at 8:02 pm to keakar
quote:
, i cant think of why i should ever need it.
If they have a bank account full of money and they die, if you don't have POA...good luck emptying the account.
If they're sick or have health issues and can't speak for themselves, good luck talking to the doctors or getting info or making decisions without a medical POA.
POA
Advance Directive
You can pay medical bills, close bank accounts...have health care decisions made clearly and be in charge and talk to doctors on their behalf.
This post was edited on 4/7/24 at 8:04 pm
1
Posted on 4/9/24 at 1:50 pm to mizzoubuckeyeiowa
quote:
If they have a bank account full of money and they die, if you don't have POA...good luck emptying the account.
POA ends at death
you need to have you name on the account before the parent dies.
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