Yes. Stroke victim may appoint new agent after stroke if she has capacity to do so. Ability to appoint new agent, revoke previous POA depends on degree of compromised capacity.

Can I get power of attorney for someone with dementia?

In general, a person with dementia can sign a power of attorney designation if they have the capacity to understand what the document is, what it does, and what they are approving. Most seniors living with early stage dementia are able to make this designation.

Can a power of attorney be held responsible for debts?

When your name goes on the loan document and someone else is responsible for making repayments, you are totally responsible for the debt if that person proves unable or unwilling to pay it.

What risk does an elderly person have if the person does not have a financial power of attorney?

What happens if there’s no Power of Attorney? If your senior doesn’t have any durable POAs and something happens to them, you may have to go to court to get the authority to handle their financial matters and make medical decisions on their behalf. During a health emergency, there won’t be time to do this.

Is a person with dementia considered incompetent?

Typically, as long as dementia is minor or nonexistent, a person in the beginning stages of a dementia-causing disorder will be deemed mentally competent in the eyes of the law.

Who is responsible for paying a mom’s credit card bill?

But the issue of whether you need to pay your mom’s credit card bill is not always so clear-cut. Your mom’s estate is responsible for paying her debts. Whatever your mom owes is taken from the estate’s assets.

Why is my elderly mother not paying her credit cards?

I get a call like this fairly regularly, usually triggered by something like the adult child finding out that mom has not been taking her meds because 35% of her Social Security checks are going toward minimal payments on credit cards.

Is it OK to stop paying my mom’s credit card debt?

Yes. Stop paying on your mom’s credit card bills now. Making payments on a relative’s credit card for years after she is gone is not your legal or moral responsibility. Taking care of your parents while they are alive is great. Trying to pay their debts for five years after they are gone is not wise use of your resources.

Who is responsible for paying off credit card debt after death?

After someone has passed, their estate is responsible for paying off any debts owed, including those from credit cards. Relatives typically aren’t responsible for using their own money to pay off credit card debt after death.