Should Children be Co-agents for Power of Attorney?

Appointing children as durable power of attorney for healthcare decisions poses risks for adult children and aging parents.

Being a healthcare agent can mean being involved in heart-wrenching health-related decisions while navigating complicated family dynamics.

The role of a durable power of attorney for healthcare or finances is a fiduciary responsibility. If you are a parent appointing an adult child, or a child accepting this role, it is crucial to understand the high level of responsibility you grant or accept, as well as the unexpected events that can occur.

Keep reading this article on Pamela D. Wilson.