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Reply to "I’m an emotional wreck and need reassurance."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Does she have a will? Who is the executor? What is her prognosis? [/quote] My older brother is the executor of her will. My attorney told me now as her POA I can sell off properties if needed for her care. While she’s here I am in charge of her finances and her health advocate. I can literally use every penny she has for her care and nothing will be left in her Will. I pray having a private care giver keeping her from falling will keep her around for at least 10 more years. Shes 80 and her mom lived to 97 but her mom lived a healthier lifestyle. [/quote] As the POA, you can make the Will simple. You can make the three of you PODs (payable on death) on any bank accounts. You can make the three of you TODs (transfer on death) on any investment accounts. Then those transfer automatically outside of the Will. Also make sure the beneficiaries are up to date on 401ks. [/quote]
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