POA and the sale of a home
I am the POA not only healthcare but finances for my aunt who is in memory care. Her condo just sold and I want to make the best decision as to what to do with the $250,000 she will receive from the sale.
Terry Says
You have an obligation to keep that money safe and use it for her care. The ONLY thing to do with it is to open a Money Market Deposit account at her bank (in her name, using your POA). And then dip into it when necessary to provide for her.
