Power of Attorney - Sibling Issues
My father is in the early/mid stages
of dementia and had previously listed
both me and my sister as durable
Power of Attorney. Not as partners
but if I am unable or unwilling to
perform then she would step in.
Unfortunately, due to a 3 y/o
personal rift between us (we are
estranged), she will not sign the
document as she feels in doing so
she will have no legal recourse if she
feels I mismanage things.
I have yet to need the document but
see the time coming very soon. Is
the document still legal if her name is
on it but she has not signed it?
Also, to what extent am I obligated
to share my decisions as Power of
Attorney with other family members?
Although I have managed my
father's affairs scrupulously in the
past, where money is involved I
know her ''emotions'' may get out of
hand. Am I obligated to respond to
any accusations that have no basis?
I am Power of Attorney for both of
my parents as they trust me
implicitly. Unfortunately these are
large estates and I need advice on
how to protect myself if things get
ugly. I'm hoping I am not obligated
to hire lawyers if my siblings question
every move I make!