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Fee for being Power of Attorney

Asked Jan 6, 2008, 07:33 PM — 5 Answers
A sister and myself are co-power of attorney for another sister. Can we charge a fee? If so, how much? Does this vary by state? The POA was done in Pennsylvania.

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J_9's Avatar
J_9 Posts: 37,068, Reputation: 25675
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#2

Jan 6, 2008, 07:36 PM


You are wanting to charge a fee being POA of your sister? Who are you going to charge? Your sister? Pretty low isn't it?
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JudyKayTee's Avatar
JudyKayTee Posts: 45,437, Reputation: 23563
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#3

Jan 7, 2008, 05:52 AM
Quote:
Originally Posted by john821
A sister and myself are co-power of attorney for another sister. Can we charge a fee? If so, how much? Does this vary by state? The POA was done in Pennsylvania.

Thanks
Not unless a fee is specified in the Power of Attorney - you are entitled to reimburse yourself for necessary out-of-pocket expenses but that's a very grey area and you could find yourself being charged with abuse of the P/A - and fraud.
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ScottGem's Avatar
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#4

Jan 7, 2008, 06:15 AM


I think you are mistaking PofA for an executor of an estate or maybe a guardian.

You can't charge a fee for being a PofA. You MIGHT be able to charge a fee for the work you do using the PofA. But that usually is only when the PofA holder is an attorney or other representative.

Why were you given PofA? Why would you want to charge anything? What are you doing that you think you should be compensated for?
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JudyKayTee's Avatar
JudyKayTee Posts: 45,437, Reputation: 23563
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#5

Jan 7, 2008, 06:17 AM
Quote:
Originally Posted by ScottGem
I think you are mistaking PofA for an executor of an estate or maybe a guardian.

You can't charge a fee for being a PofA. You MIGHT be able to charge a fee for the work you do using the PofA. But that usually is only when the PofA holder is an attorney or other representative.

Why were you given PofA? Why would you want to charge anything? What are you doing that you think you should be compensated for?

You can charge a fee if it's specified in the body of the P/A - I've seen Attorneys do it routinely. When it's a family member the fee is always suspect -
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ScottGem's Avatar
ScottGem Posts: 58,147, Reputation: 28160
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#6

Jan 7, 2008, 07:03 AM


Quote:
Originally Posted by JudyKayTee
You can charge a fee if it's specified in the body of the P/A - I've seen Attorneys do it routinely. When it's a family member the fee is always suspect -
Hi Judy,
Right! An attorney would charge a fee to act as PofA. But the fee would be for representing the person more than acting as PofA.
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