Can a nursing home refuse to allow my family to transfer my father to another facility if I have power of attorney?...Read more
A durable power of attorney would still make a lot of sense. Having your name on your father’s bank account is great because it permits you to pay his bills. But it doesn’t permit you to sign legal documents on your father’s behalf or to take other financial steps as necessary. For instance, being named as beneficiary on your father’s life insurance and annuities means that you will receive them upon his death, but it doesn’t permit you to alter any investments or to withdraw funds your father may need from the annuities or the cash value of the life insurance policies. A durable power of attorney should permit you to take those steps if necessary. But we also recommend contacting the annuity and life insurance companies to see if the companies have their own power of attorney forms or another method of giving you some control over the accounts. We hear reports of financial institutions refusing to honor durable powers of attorney despite the law.
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Local Elder Law Attorneys in Ashburn, VA
In practice since 1987, Fairfax Attorney Evan Farr is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia and one of foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan Farr has been quoted or cited as an expert by n...
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...