This is a great tool for taking care of an elderly person. One popular misconception about the POA is it last beyond death, it does not. It is beneficial for paying home care aides and for medical supplies. A POA should be obtained for bank accounts and securities accounts (Stocks and bonds) Lawyers will draw up a POA for your bank accounts and whatever else. What you will learn is banks normally do not accept these POA’s. They want it on their own form. So in addition to the lawyer POA visit the bank and see if they need one on their own from too.