Dec 15, 2016 - 08:43 AM
I usually suggest that a person have a Power of Attorney to take care of finance, banking and property issues; a Health Care Power of Attorney (could be different people) to assist with medical problems and a Will or other estate planning such as a trust, POD, joint account, etc.
I hope this helps. I suggest you seek personal adivce from a local estate planning or elder law attorney.
Dec 15, 2016 - 09:27 AM
An Executor only has authority at a person's death and that authority is granted through a Last Will and Testament. An Executor has no authority over a person's affairs while that person is still alive.
An Agent under a Durable Power of Attorney has authority over a person while that person is alive and can handle their affairs for them. However, the Power of Attorney document itself spells out the exact scope of the authority. For example, an agent under a Power of Attorney will have no ability to make health care decisions for a person unless the document itself states that the agent has that power.