Elder Law, When does a power of attorney become effective? You Might Also Like Can my mother give away $10,000 with no problems? If my spouse and I own everything jointly, might a durable power of attorney still be useful? Will my loved one get worse care in the nursing home once Medicaid starts paying for his/her care? If I give my agent immediate powers, do I forfeit all rights to make financial decisions? What are the advantages and disadvantages of a guardianship?
Elder Law, When does a power of attorney become effective? You Might Also Like Can my mother give away $10,000 with no problems? If my spouse and I own everything jointly, might a durable power of attorney still be useful? Will my loved one get worse care in the nursing home once Medicaid starts paying for his/her care? If I give my agent immediate powers, do I forfeit all rights to make financial decisions? What are the advantages and disadvantages of a guardianship?
