Quercus
Just wondering what happens if, say, you nominate your husband your adult children to be your attorneys, but then the husband loses capacity (eg through dementia). I recall reading about an adult child who had a problem actually using the POA because of this sort of scenario.
My husband is my attorney, and I his, but if we lose capacity that passes to the children, who can act jointly or severally.
I don't think about it much yet, as we have access to one another's money anyway, so if on of us got Dementia or whatever the other could take over and transfer between accounts; but if, say, we were in a car crash together the children could act in our interests until we recovered.