Durable family power of attorney
My parents each have durable power of attorney. My father has alzheimers. Do we need to remove him and leave my mother and add a sibling as durable power of attorney
Durable family power of attorney
My parents each have durable power of attorney. My father has alzheimers. Do we need to remove him and leave my mother and add a sibling as durable power of attorney
Re: Durable family power of attorney
If you believe that your father is unable to grasp the nature and the legal ramifications of having a power of attorney, then you probably should have new ones made for both him as well as your mother.
Our office could handle one of those for you right away. Please feel free to learn a little more about our firm as well as trusts and estates law in general at No-Probate.com.
When you are ready, you can contact our office to set up a free consultation at the number provided by LawGuru. Please make your appointment with Charles or Anthony for this matter.
Thank you for using LawGuru.
Scott
Scott Linden
Scott H. Linden, Esq.
1510 Cotner Ave
Los Angeles, CA 90025
Re: Durable family power of attorney
Generally, it would probably be a good idea, however, it sounds to me like your situation is more complicated than you may know. Unless your parents are very wealthy, it is extremely important to develop an asset protection plan in the event that either of your parents should require long-term care. Otherwise, they could be at risk of losing substantial assets. Proper planning not only protects your mother, but may also protect assets for the benefit of the children. If you would like more information, email me at theplanner@ca.rr.com
Good luck to you and your family.
Thomas McKenzie
Law Offices of Thomas L. McKenzie
10702 Pamela St.
Cypress, CA 90630