Elder Law Answers
Is an Agent Under a Power of Attorney Entitled to Compensation?
My wife and I have are agents under my 86-year-old mother's durable power of attorney. We are her primary caregivers becau...
Read moreCan I Make Gifts If I Am an Agent Under a Power of Attorney?
- July 31st, 2015
Q
I am an agent under my mom's power of attorney. Do I have the power to gift money in her place?
A
Whether or not you have the power to gift under the power of attorney depends on what the power of attorney says. Power of attorney forms usually list all the various powers the agent under the power of attorney may carry out. Often powers of attorney limit gifts to the annual gift tax exclusion (currently $14,000 per individual per year). Be sure to carefully read the power of attorney document to see what is allowed before you take any actions. For information about your duties as an agent under a power of attorney, click here.
Local Elder Law Attorneys in Ashburn, VA
Meet Margaret O'Reilly
(703) *** ****
Learn more
Margaret O'Reilly
Margaret A. O'Reilly, PC
Margaret A. O’Reilly is an estate planning and elder law attorney with over thirty-five years of legal experience. Attorney O’Reilly graduated from Duke University with a degree in psychology, and received her law degree from Northeastern University School of Law in Boston, Massachusetts. For over 15 y...
(703) *** ****
Tell us about your legal issue and we will put you in touch with Margaret O'Reilly.
Meet Mindy Felinton
(301) *** ****
Learn more
Mindy Felinton
Felinton Elder Law & Estate Planning Centers
Mindy Felinton concentrates in the areas of Medicaid planning, Veterans' Benefits, asset protection, nursing home planning, elder law, wills, estate planning, trusts, living wills, powers of attorney, probate administration and trust administration and began her legal career 30 years ago as an Assistant State Attorney...
(301) *** ****
Tell us about your legal issue and we will put you in touch with Mindy Felinton.
Meet Ron Landsman
(240) *** ****
Learn more
Ron Landsman
Ron M. Landsman, P.A.
Ron M. Landsman has been practicing elder law since 1983, before it was known as elder law, originally with Landsman and Laster, Washington, D.C., then Landsman, Eakes and Laster, also in Arlington, VA, and since 1990 in his own practice in Montgomery County, Maryland. He has been among the most active members of the...
(240) *** ****
Tell us about your legal issue and we will put you in touch with Ron Landsman.
