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re: is a power of attorney for aging parents a good idea?
Posted on 4/9/24 at 1:50 pm to mizzoubuckeyeiowa
Posted on 4/9/24 at 1:50 pm to mizzoubuckeyeiowa
quote:
If they have a bank account full of money and they die, if you don't have POA...good luck emptying the account.
POA ends at death
you need to have you name on the account before the parent dies.
1
Posted on 4/11/24 at 8:14 pm to cajunandy
quote:
POA ends at death
you need to have you name on the account before the parent dies.
In Virginia when my parents died, they had made their account labeled,
his name, her name or my name. So the transfer to my solo account was simple.
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