Power of Attorney
I have power of attorney fora Cousin who lives in IL,I live in Wi.his Lawyer told me,when he dies all his Assets will be frozen,but he wants his fee up frontI will have to pay him out my Pocketuntil his Estate is settled,then I will get my Money back,what if there is no Money left,he is in a Nursing Home now,his Money is in his Name exept the Checking Acct,it is in his and mine,I am worried about this,can I open a Acct only in my Name so there is Money avaiable to Pay his Bills until his Estate is Settled??If he lives 4 Years all his Cash will be used up by the Nursing Home,What is the best way in this matter
Thank You