When does a Power of Attorney take effect and how long does it last? You should speak with a lawyer if you have questions about these issues. On the other hand, giving an agent broad powers to make gifts of you property may result in serious problems if the agent turns out to be untrustworthy or unwise. Authority to transfer property from the disabled spouse to the healthy spouse may be important for Medicaid eligibility purposes. Specifically authorized powers may be especially important for married people concerned about what would happen if one spouse became ill and needed nursing home care or other long-term care.
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