Does a healthcare power of attorney give the first person listed power over financial decisions as well?
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Does a healthcare power of attorney give the first person listed power over financial decisions as well?
My dad suffered a heart attack recently. He left a healthcare power of attorney listing my sister first, then me second. The POA says it’s for health care decisions and that he doesn’t want to rbe evived. Does a healthcare POA give her control over any financial decisions involving his bank account? She took it to the bank and was able to be added as a signer to his account. Do I have just as much right to be added as a signer as well?
Asked on May 31, 2012 under Estate Planning, Kansas
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
I am so sorry for your situation. No, a Healthcare POA or proxy in some states does not generally give that person legal rights as a POA for all purposes or for financial purposes. If your Dad is not in any shape to make decisions financially then it may be a good idea to be appointed as his guradian and/or conservator of his estate. Seek legal help. Good luck.
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