Quote:
Originally Posted by Barefoot
I absolutely agree --- this is an excellent and timely reminder.
We have a young cousin who is a doctor who has agreed to handle our affairs if we are unable to do so.
But I am now realizing that we should have a back-up in place (with powers of attorney), in case our cousin is traveling or unable to step in.
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Actually, you want to have several people authorized (you can list the order that they should act) *and* include a way to add more. My late FIL had done all of the powers or attorney and successor trustees, 3 deep. MIL died, son died, and my wife (daughter) was in a coma. No way to add any people without a court order thanks to the way all of the documents had been crafted (prior to aliens stealing his brain).
Fortunately, we had discussed with our attorney before all of this happened - he was able to relate what DW's wishes were in the situation and I was appointed as temp "surrogate" to handle his medical decisions and a few pressing legal ones.