Power of Attorney

Last Modified: May 2, 2010

Question:

Dear OncoLink "Ask The Experts,"

If I want my son to be able to manage my financial accounts while I am undergoing treatments, is it best to put him as a joint owner of the accounts? Is there a temporary way to do that?

Answer:

Rodney Warner, JD, Adds:

There could also be tax issues for your son if he's on the account, as opposed to being an agent in a power of attorney.

This question and answer was part of the OncoLink Brown Bag Chat Series, Legal & Financial Challenges Facing People with Cancer. View the entire transcript here.

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