Jennifer Ellen WiedleEstate Planning AttorneyTempe, AZ ·
Generally speaking, it depends on what the power of attorney provides for as a person holding the power of attorney is a fiduciary to the person. Being a fiduciary means you must act in that person's best interest and for their benefit. It is difficult to answer your question without knowing more information. I would recommend consulting with an attorney that can review the power of attorney and know the full specifics of the situation.
It depends on the powers granted in the POA. Typically you would sign your name stating it is under a POA granted by principal, and deposit the money into THEIR account, not yours. Remember you only have a right to use their money for their use. You should retain an attorney to review the POA to determine what rights are granted to you.