Power of Attorney Responsibilities

By loretta pearson 1

Does the person who has POA for a parent, have a responsibility to provide financial reports to the other siblings?

By Loretta from IL

Showing: Answers Sort

By Suntydt 75 877 Flag

August 11, 2010

I beleive the answer would be no. But others might have more info or you may find more info on the internet somewhere. Like Ask.com

ReplyWas this helpful? Yes

thr522587 Flag

August 13, 2010

I honestly don't know about legally but morally I think they should! This is a question best asked from the heart or from an attorney.

ReplyWas this helpful? Yes

By Sherri 10 551 Flag

August 14, 2010


The answer is yes. Other siblings have a right to know and if you don't provide them with the information, they can take you to court to get any answers they need to know.

ReplyWas this helpful? Yes

By Lizzyanny 9 1,251 Flag

August 14, 2010

I cant answer legally as I am not a lawyer, but I think if you respect family unity, I would do so. Ask yourself how you would feel if the situation were reversed.

ReplyWas this helpful? Yes

By Dena Roberts 35 491 Flag

August 15, 2010

No they don't, unfortunately!

ReplyWas this helpful? Yes

By cdoss 13 112 Flag

August 16, 2010

I don't know what the legal responsibility would be, but unless there is a greedy sibling trying to get something that does not belong to them, I would share as much info as possible to keep peace.

ReplyWas this helpful? Yes

By Fionar Booker 102 Flag

September 4, 2010

No, the person designated with power of attorney doesn't have to provide financial reports.

ReplyWas this helpful? Yes


In This Guide
Power of Attorney
Responsibilities of a Power of Attorney
Budget & Finance AdviceAugust 11, 2010
More to Explore
ThriftyFun on Facebook ThriftyFun on Pinterest Enter a Contest Free Newsletters Ask a Question Share a Post
Related Guides
Couple getting SSI help.
Finding a Good Social Security Attorney
Power of Attorney
Responsibilities of a Power of Attorney
A raised bed garden in the backyard of a rental house.
Gardening at a Rental House
Power of Attorney
Duration of a Power of Attorney
© 1997-2016 by Cumuli, Inc. All Rights Reserved. Published by . Page generated on February 8, 2016 at 4:32:55 PM on in 1 seconds. Use of this web site constitutes acceptance of ThriftyFun's Disclaimer and Privacy Policy. If you have any problems or suggestions feel free to Contact Us.
NewestOldestMost HelpfulLeast HelpfulRelevance
Site MenuShare a PostContestsAsk a QuestionAbout ThriftyFun
BrowseAll By DateAll GuidesAll QuestionsAll VideosRecent FeedbackLonely Questions
CategoriesBetter LivingBudget & FinanceBusiness & LegalConsumer AdviceCraftsEducationEntertainmentFood & RecipesGarage SalesHealth & BeautyHolidays & PartiesHome & GardenMake Your OwnOrganizingParentingPetsTravel & RecreationWeddings