I am an agent under my mom's power of attorney. Do I have the power to gift money in her place?Read more
Not technically. The durable power of attorney law says nothing about the qualifications of the person appointed (called the "agent" or the "attorney in fact"). On the other hand, the grantor of a power of attorney will want to be sure her agent is financially responsible.
For more on the durable power of attorney, click here.
Local Elder Law Attorneys in Ashburn, VA
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...
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...