S
Sternotherus Asked April 2019
Can I resign as financial POA but stay on as health care POA?
Follow
Share
I am my mother’s POA. The document gives me POA for both financial & health care decisions. My brother’s actions messed up her finances, so I want to resign financial, but not health care, responsibility?
This question has been closed for answers. Ask a New Question.
2 Answers
This question has been closed for answers. Ask a New Question.
Popular Questions
- I'm afraid my sister is trying to steal all of my mom’s money by being on joint accounts with her. What can I do to protect my mom?
- The nursing home is holding my Mother "hostage" with a POA that was forged. Any help?
- POA has denied me access to my mother's room at the nursing center. Can this be legal?
Ask a Question
“I am writing & sending POA resignation this weekend.”
[https://www.agingcare.com/questions/how-do-i-show-my-sister-that-poa-is-life-consuming-she-needs-to-help-444279.htm?orderby=recent]
What happened when you wrote that letter and sent it to your Sister? Did your Sister refuse to be Financial POA? Did your attorney say that you could not resign as Financial POA since your Mom is in a nursing home and might not be competent enough to “choose or appoint”” a different Financial POA?
Now, who would Mom pick as your replacement on the financial side? If Mom has a lot of assets to deal with, she could pick a professional such as an Accountant or CPA to help keep yours brother's hands off of Mom's money. It's harder to ask for money from a CPA and they aren't afraid to say "no". Please note, there would be a hourly or by case cost depending on how much work the Accountant or CPA is required.