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dave · 11-23-2011, 07:31 AM

If:
1. You're in the military and subject to short-notice deployments (or boot camp); AND,
2. you're (still?) at a point in your marriage that you trust your spouse implicitly.....then I say go ahead and provide her/him with a general power of attorney. Make if of a very limited duration - one year at most - six months is better; you can always renew if both conditions above are still met. Even more important if you own house, vehcicles, business, etc. If the risk is low, the peace of mind and ease of some transactions is worth it. If you have even an inkling that it could be a problem for you down the road, then get a specific PoA for things that you might be able to anticipate -- perhaps something involving kids that are yours, but not hers?.....buying, repairing, selling, a car that is in your name....accessing emergency funds in a bank account that she isn't a joint owner......etc.

11-23-2011, 07:31 AM	#9
dave Have My Own Room Join Date: May 2011 First Name: Dave Location: Northern VA Posts: 1,180 Trading: (15)	Re: Power of attorney while in bootcamp If: 1. You're in the military and subject to short-notice deployments (or boot camp); AND, 2. you're (still?) at a point in your marriage that you trust your spouse implicitly.....then I say go ahead and provide her/him with a general power of attorney. Make if of a very limited duration - one year at most - six months is better; you can always renew if both conditions above are still met. Even more important if you own house, vehcicles, business, etc. If the risk is low, the peace of mind and ease of some transactions is worth it. If you have even an inkling that it could be a problem for you down the road, then get a specific PoA for things that you might be able to anticipate -- perhaps something involving kids that are yours, but not hers?.....buying, repairing, selling, a car that is in your name....accessing emergency funds in a bank account that she isn't a joint owner......etc.