Series: Estate Plannings Hardest Questions.
Series: Estate Plannings Hardest Questions One of Six -- Who will be my back-up agent for Power of Attorney by Melinda Gustafson Gervasi Control, it is the central part of estate planning. When you sit down to create or update an estate plan you are taking control of the situation. You have the ability to say who will do what tasks, and you will say where will your assets will go when you are gone. One piece of estate planning is the nomination of an agent and back-up agent for your power of attorney for health care as well as your power of attorney for finance (these documents say who can make decisions in these areas if you are alive, but to sick to act). In my experience it is relatively easy for people to name the primary agent, but when it comes to picking a back-up, things can get dicey. married couple has three adult children, which child should they name; childless clients (single or married), a dear friend would be nice but the person is...