I am not sure I understand your question, but if what you are asking is can you have two agents acting under a Power of attorney, it is certainly possible. The downside is the practical problem that when this is done, you often need to have both agents act together, which is difficult if they are not geographically close, or if one of the agents is busy. Otherwise, this is not usually a big deal. Some people prefer to have a built in check and balance. One child can supervise the other, in other words.
I am licensed to practice law in the State of Michigan and have offices in Wayne and Ingham Counties. My practice is focused in the areas of estate planning and probate administration. I am ethically required to state that the above answer does not create an attorney/client relationship. These responses should be considered general legal education and are intended to provide general information about the question asked. Frequently, the question does not include important facts that, if known, could significantly change the answer. Information provided on this site should not be used as a substitute for competent legal advice from a licensed attorney that practices in the subject area in your state. The law changes frequently and varies from state to state.
Mr. Fredericks offers sound advice. It is legally possible for two to serve as POAs at the same time. However, it is often impractical and not the most efficient way to go. Having said that this is sometimes done to make sure no one abuses the power. The only way to know if this is a good idea is to explore the issues with an estates attorney in a face to face meeting to explore all the factors involved.
Hope this helps.
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Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery Counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is [email protected] , his website for more tax, estate and business articles is www.sjfpc.com. and his blog is
LEGAL DISCLAIMER Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery Counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is [email protected] , his website is www.sjfpc.com. and his blog is <http://frommtaxes.wordpress.com/> Mr. Fromm is ethically required to state that the response herein is not legal advice and does not create an attorney/ client relationship. Also, there are no recognized legal specialties under Pennsylvania law. Any references to a trust, estate or tax lawyer refer only to the fact that Mr. Fromm limits his practice to these areas of the law. These responses are only in the form of legal education and are intended to only provide general information about the matter within the question. Oftentimes the question does not include significant and important facts and timelines that if known could significantly change the reply or make such reply unsuitable. Mr. Fromm strongly advises the questioner to confer with an attorney in their state in order to ensure proper advice is received. By using this site you understand and agree that there is no attorney client relationship or confidentiality between you and the attorney responding. This site should not be used as a substitute for competent legal advice from a licensed attorney that practices in the subject area in your jurisdiction, who is familiar with your specific facts and all of the circumstances and with whom you have an attorney client relationship. The law changes frequently and varies from jurisdiction to jurisdiction. The information and materials provided are general in nature, and may not apply to a specific factual or legal circumstance described in the question or omitted from the question. Circular 230 Disclaimer - Any information in this comment may not be used to eliminate or reduce penalties by the IRS or any other governmental agency.
The above answers are excellent. You may also wish to have one POA, and a successor POA, to avoid conflicts.
Mr. Ridley is licensed to practice law in the state of CA with offices in Ventura and Los Angeles Counties. He is authorized to handle bankruptcy matters throughout Los Angeles, Ventura and Santa Barbara Counties. His phone number is (805) 244-5291or his email address is [email protected] . His website for more tax, estate, bankruptcy and business information is www.ridleylawoffices.com .
This answer is intended to provide general information only. It does not create an Attorney-Client relationship nor should it be construed as legal advice or an opinion on specific situations. Eric D. Ridley is only licensed to practice law in California.
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