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<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:12pt;font-family:"Times New Roman",serif">I’m fairly new at estate planning, so I haven’t seen this before
and I want to make sure I get it right.<span>
</span>Also, it’s kind of complicated and I’m wondering if I should just try to
talk the clients out of what they want to do.<span></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:12pt;font-family:"Times New Roman",serif">Clients, a married couple, want to name each other as their
POA, but then, as an alternate, want to name their daughter but they don’t want
to give her any authority over their real estate in the US.<span> </span>They’re fine with her having power over their
banking, finances, health care, and foreign real property, but just not their
domestic real estate.<span> </span>They want to name
their son as an alternate, but only in regard to their real estate in the US.<span> </span>So, basically, if the spouse is unable to be
the attorney in fact, they want the daughter to handle everything, including
their real estate abroad, except their four houses in the US and the son to
only be able to handle the US properties.<span>
</span>I think they’re worried about the daughter selling the house the son
lives in, but is owned by the clients.<span> </span>Should
I make out a limited POA for the US properties naming the spouse as the attorney
in fact with the son as an alternate and then a separate POA for everything
else?<span> </span>Or is there a better way?<span></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:12pt;font-family:"Times New Roman",serif">If I need to write a separate POA naming the daughter as an
alternate, would it be okay to make out a general POA that says something like:
<span></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:12pt;font-family:"Times New Roman",serif">My attorney in fact, as fiduciary, shall have all powers of
an absolute owner over all of my assets and liabilities whether located within
or without the State of Washington except the real estate in the United States.<span></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:12pt;font-family:"Times New Roman",serif">So, I don’t know if I need two separate POAs, if I can combine
this into one form, or if I should just tell the clients it’s unworkable.<span></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:12pt;font-family:"Times New Roman",serif">Thanks in advance,<span></span></p>
<p class="MsoNormal" style="margin:0in 0in 8pt;line-height:107%;font-size:12pt;font-family:"Times New Roman",serif">Rachel Edmiston<span></span></p>
<br clear="all"><br>-- <br><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div><div><font color="#888888"><div><span style="color:rgb(56,118,29)"><span style="background-color:rgb(243,243,243)"><span style="font-family:garamond,serif">Rachel Edmiston, <br></span></span></span></div>PO Box 13738<br></font></div><font color="#888888">Mill Creek, WA 98082<br></font></div><font color="#888888">T: 425-945-6333<br></font></div><font color="#888888">F: 425-272-4294<br></font><div><div><div><div><font color="#888888"><div><span style="color:rgb(0,102,0);font-family:garamond,serif"></span> </div><div><span style="color:rgb(0,102,0);font-family:garamond,serif"><font size="3" face="Times New Roman" color="#000000">
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