I have POA for my Father who's in a home and have a card to gain funds from his account. Once he passes will I still be able to access?

You can request the account to be set up as POD for "payable on death" but it depends on individual banks and state rules and regs. Ask at the bank. And the prepaid pre-arranged funeral is a great idea. It saves a great deal of distress when that difficult time actually comes.

Sounds like you're thinking ahead and on the right track. I'd agree with a prepaid funeral; it'll also save a lot of angst when the time comes as it's usually such a traumatic time, with so much to do, so many details to consider.

If your father has investments, and whether or not they need to be retitled, such as jointly with you and your sibling, although I'm assuming that Medicaid isn't involved. If it is or there's a potential, I'd withdraw that suggestion as I don't know much about Medicaid qualification and always leave that to the resident experts.

Good luck!

I have signatory rights on the card, if I put money in another account I would make sure myself and my sibling both have to sign to get the money out when the time comes. A prepaid funeral sounds like it may be the way to go. Thanks so much I just want to do what is best for my father as he has worked hard all of his life.

What kind of "card" do you have? If you're a joint signatory you can access the account after your father passes. But double check with the bank for certain; some banks can be sticky on issues like this, especially after one of the parties dies.

Instead of taking money out to go to a separate account funeral expenses can be prepaid. That woyld be a legitimate expense, whereas putting the money elsewhere could look like you are trying to hide money.

It depends on the nature of the account. Your best bet is to go into the bank and have a banker explain to you how your father's account is set up. It is good to be thinking ahead about these things.