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 9 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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