These resources are brought to you by the Cooperative Extension System and your Local Institution

Family Caregiving Home, Personal Finance Home

What legal documents do I need to manage by mother's finances?

Last Updated: March 07, 2010

View as web page


To act as your mother's agent, you need a Durable Power of Attorney for Financial Matters. If a portion of her assets is in a trust, then the trustee will need to manage those assets that are part of the trust.

For more information, you may find the following book helpful: "How to Care for Your Parents' Money While Caring for your Parents" by Sharon Burns and Raymond Forgue (available at major bookstores)

We would like your feedback on this Personal Finance Frequently Asked Question.

Browse related Faqs by tag: family caregiving, personal finance, financialcaregiving, estateplanning


Have a specific question? Try asking one of our Experts

Unlike most other resources on the web, we have experts from Universities around the country ready to answer your questions.


View this page: