037 – Interview: Using Powers of Attorney to Help Older Adults

Dr. K talks with elder law attorney Harry Margolis. They discuss the durable general power of attorney as a tool to help a declining older parent, including how to minimize related family conflicts.

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In This Episode:

Dr. K talks with elder law attorney Harry Margolis, founder of Margolis & Bloom LLP and ElderLawAnswers.com. They discuss common questions related to the durable general power of attorney as a tool to help older adults, including:

Why durable general power of attorney (POA) documents can be very helpful to older adults

What can be done if an older person objects to the actions of his or her agent

How to use transparency and communication to minimize family conflicts

Whether POA documents should be effective immediately or only upon incapacity

Why it’s important to put family care agreements in writing

What you can do if you’re concerned the POA is abusing his or her power as an older person’s agent

The pros and cons of appointing two people to be your agent on a POA

Why trusts can work better than a POA

What can be done when a POA tries to prevent other family members from visiting

Related episodes: 

036 – Interview: Minimizing Family Conflicts & Supporting Aging Parents
013 – Interview: Solving Hard Problems in Helping Aging Parents

Related Resources:

AskHarry.info: Answers to Your Estate Planning Questions

You can ask attorney Harry Margolis your  questions on this site

How Many Agents Should You Name on Your Durable Power of Attorney?

ElderLawAnswers.com

How to Avoid Problems Due to Senior Incapacity: The (Better) Durable General Power of Attorney

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