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What does it cost? How do you find one?


My R.N. daughter will be health care proxy, but she and her brother almost came to blows when their father, my ex, developed dementia without having POAs or bank accounts with one of their names on it. I have previously made them joint financial POA and joint executors of the will, but I see now that may not work. I have two LTC policies, so hope that I won't outlive them. That plus my monthly income should take care of expenses for 8 years, by which time I will have died, I hope. I thought of opening a second checking account and trying to keep the amounts the same in each, and putting my son on one and my daughter on another, but that gets complicated. People without family sometimes use an attorney as fiduciary so I wonder if anyone here has information on how that works out.

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In most states you need a financial Conservator or Guardian to step in. These can be appointed by you or a Probate court.Either way you win.
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In most states you need a Conservator or Guardian to step in. These can be appointed by you or a Probate court.Either way you win.
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I don't today but will soon - know how it works having a professional as executor and maybe POA.

My husbands sister was to be our executor. But having just been executor for my moms estate, I realize sister would be an awful choice. Hubby and I talked about it and agreed we should have our attorney or his firm as executor. We will be going to see him in a few weeks for will changes, POAs and changes to our sons trust.

I'll come back here after the meeting and if no one else has answered the question- I'll give it a shot.
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