I am an 86 year old living alone with no family. I don't know anyone I can trust to be my power of attorney for financial. I reside at home in Chicago, Illinois.
I always thought when I go to my attorney to make a revocable living trust he would automatically be also the power of attorney for financial.
Yesterday, my doctor told me that's not possible, now I am confused.
My question is won't my attorney who makes up my trust for me, just by virtue of his making out my trust, doesn't POA go with making out a trust?
Isn't my attorney who is my trust maker always an essential part of the trust?
Is he allowed to be my POA financial according to my state laws regarding this matter?
Do I have to ask him to be my power of attorney for financial or is it common knowledge among all lawyers?