My Aunt has enough money for me to compensate me for being her POA legal and medical. I spend countless hours doing this and I am her only living relative . Problem is I still work and have missed many days and hours to take her to Doctor Appointments, etc. How can I make it legal to be reimbursed?
We just recently opened up a new bank account for Dad where I can sign his checks, thus pay through his checking account and not mine. It would save me countless number of hours trying to get Dad to reimburse me, as he is so darn fugal he drags his feet to pay me back :P I mean these are big bills such as in the past when he had full time Caregivers and when Mom was in long-term-care. Ouch.
All of his bills [with a xerox copy of my check] are in a 3-ring binder along with a running tab. So I have good notes that none of the checks are "gifts" to me. But I also was worried about the writing-a-check-to-me for reimbursements.
I guess it doesn't really matter as I won't be accepting any payment but I was a little concerned about the reimbursement checks as that's come up a few times. However I do try to be as through as possible in my notes and documentation when ever I'm spending my moms money.
It just stuck me as odd, that's all.
I hadn't before this time even thought about the issue, so it's interesting that someone asked the question.
As to your specific question about using your credit card and reimbursing yourself, with supportive documentation, I doubt you're breaking any laws by that method. As to who would write the checks, I don't see how it could be anyone but you, unless there's a co-proxy.
However, I would research the statutes for your state to be sure and comfortable that you're within the guidelines statutorily created for proxies to act on behalf of someone.
Writing a check to your self as POA is totally illegal. Everywhere.
Here are some hits to help you:
https://www.agingcare.com/search.aspx?searchterm=caregiver+contracts