At Carter Notary, we often get asked whether or not parents can name their kids as an Executor and a Power of Attorney. The simple answer is yes.
How we approach that will depend on your relationships and the trust factors that you have for your kids. There are many different things that we look at to help guide you through this process. A couple of things to consider are their financial stability and their ability to do their own personal business well.
As parents, you decide whether or not to appoint your children by looking at many different factors about the person.
In some cases, kids are the only choice that you have, in which case we’ll talk about different variables and variations in the documents that you can do to protect yourself in making these appointments.
Contact Carter Notary today to find out how we can help you with your Estate Planning needs.