Can one sibling in a family have power of attorney over a parent’s financial affairs and another sibling have medical power of attorney over them?
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Can one sibling in a family have power of attorney over a parent’s financial affairs and another sibling have medical power of attorney over them?
My mom (who has Alzheimer’s) lives in the same town as my brother so we’d like him to have power of attorney for medical reasons. However, he is a terrible manager of money and we do not want him to have control over her money. Can we have a dual power of attorney?
Asked on July 10, 2014 under Estate Planning, Texas
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
You can absolutely do this: there is no requirement that one person have all the powers of attorney (e.g. financial and medical) for the same person. Indeed, you could split it up even more than this, if you like: for example, say that some cousin or sibling is a realtor or property manager by profession and really understands real estate--that person could be given a POA only over your mother's property, for example.
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