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Eldercare
Reply to "Elderly Parent: Estate Planning"
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[quote=Anonymous]There is no reason for you to be footing the bill. There should be a clause in a properly drafted will for compensation to the estate for the Estate's expenses. Whoever the is the executor would handle that. If the executor is you, you would have a legal basis to compensate yourself for any fees incurred by you on behalf the estate. If you have a POA in place right now, that too, gives you the ability to compensate yourself for your time and for your expenses on behalf of the estate. As long as it also covers a financial power of attorney.[/quote]
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