What is a secondary power of attorney? Should I have a secondary power of attorney?
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As a parent with two kids, you can appoint them as co-agents. However, ensure you have the primary and secondary representatives in multiple powers of attorney. You can have a secondary power of attorney if you want to ensure you delegate your financial and medical duties, decisions, and roles to many people. Nonetheless, you can do this to reduce the risk of having fights and disagreements over your assets. Also, a secondary power of attorney comes in handy if your primary power of attorney falls ill or is not around but you need someone to act on your behalf in the case of a medical or financial decision. Therefore, the decision of whether to have a secondary power of attorney or not lies on you, and requires much consideration and weighing of available options.