My only son is not financially responsible. Who beside a friend can I use as a Power of Attorney? Has any ine ever had a co-POA?

I have been a co-POA. It’s difficult because two people have to agree on everything. I’d never be co-POA again because of that.

Brokerages and banks offer POA/Executor services. You can also hire an attorney to be a POA. All of these people will deduct a fee from the estate for their services.

Prosperity, you can use your CPA (if you have one) and the CPA is agreeable. Note that the CPA would charge for time used and bill you or the estate.



It is also good to have a back-up POA in case the primary POA is unable to serve as your POA.

I agree to having a single PoA for financial and one for medical. I'm an only child to my single Mom and I and solo for both and this makes her affairs so much easier to manage. A trust is a good idea, too. They cost money to create and can be complicated to manage so make sure to include funds for the Trustee to hire help from a professional if necessary.

There should only be one POA. And that person needs to have both Financial and Medical. Too much confusion if they are separate.

I imagine you are the one assigning a POA. As said, this should be done by a Lawyer. I may not do Co-POA but a back up would be wise.

Need to seek legal council - set up a trust for him since he is not financially responsible.