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I have been my mom's durable power of attorney since 1993 and recently found out from my daughter she is now POA,

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When did it happen? Your profile says that your mom has dementia. She may have made a new one and forgot about it or maybe she had a reason to not tell you. Sounds odd to me. Was she competent to appoint someone new? I might seek a copy and evaluate with an attorney's advice. Of course, it is a huge job. If someone else is willing, they may have their hands full. I can't say that I would fight over it, as long as the new person is doing a good job.
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Do you think your mom revoked your authority, or did she just add your daughter? As far as I know, DPOA is more comprehensive than POA.

My grandpa gave my sibling, mom and I all DPOA in case my mom was not there for some reason and he needed one of us to help. As long as you and your daughter get along and agree on the path of care for your mom, I wouldn't worry too much about it. As far as I know, it just means that your daughter can sign paperwork and checks for your mom. Bigger medical decisions would still rest with you, unless your mom had your DPOA revoked.
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You are right to question the change, and to take action promptly.

POA is a fiduciary responsibility and hurt feelings should not enter into it.
The reason you were assigned POA was to protect your loved one from financial takeover, and here is your first challenge! Do you have the document?

Your Mom could lose a huge amount in just a day.
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