The responsibilities of a fiduciary acting as an Agent under Power of Attorney include the following: For health care, the fiduciary acts as attorney-in-fact to make health-care decisions, including placement, medical, treatment and final burial arrangements. More recently an Advance Health Care Directive (AHCD) provides this guidance. However, one also needs to include a HIPAA agreement for their agent to have access to medical records as some medical professionals will not honor the AHCD alone. For financial matters, the fiduciary conducts personal and financial business pursuant to the client’s written instructions.
Before cognitive issues develop, including dementia or Alzheimer's because Powers of Attorney cannot be signed if a person lacks capacity. If the latter applies, then mom or dad will need to be conserved (conservatorship).