Oklahoma Baptist Homes for Children

Neal Wooldridge

a word from Neal Wooldridge
Vice President for Planned Giving

When You are the Power of the Power of Attorney

Using your power carefully when a relative or friend has given you a durable power of attorney, your role is to make decisions when the person who named you is unable to make them. Here are a few things to keep in mind.

  • Always act in the best interest of the person you’re representing.
  • Make decisions the way that person would make them.
  • Manage assets carefully.
  • Keep the person’s assets separate from your own.
  • Keep accurate records of your own.
  • Keep accurate records of your actions.
  • Communicate with the family.

Your relative or friend may want to check with institutions, such as banks and brokerage firms, to see whether they have their own power of attorney forms that should be used.

If you would like to know more about planned giving options please call Neal Wooldridge, Vice President for Planned Giving at (405) 570-9836 e-mail Neal Wooldridge.

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