Plain and simple your brother is the power of attorney and he IS responsible and liable. Pre signed checks????? Why in the world would you have presigned checks laying around? You need to do more than add your name to the account. You need to make sure both of their names are off of the account. Establish good records when you take over to make sure that you arent blamed for anything that is missing. When you are the custodian of someone elses money you should be keeping perfect records and if you make them open to your siblings. That way your are complely above board and there will be no surprises or accusations down the road.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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