Yes and no. In many ways, these days, financial matters can be easily handled at distance, by phone, by computer. You, living near, should have her health care power of attorney (in an Advance Directive). Your brother can delegate specific tasks to you under his POA. Make sure now, while Mom still has capacity, that banks and brokerages recognize the POA and will work with your brother. Final answer, too it's Mom's call. If she would rather you be POA (so you and she can discuss matters while she is still able) then make the change.
Answered on Aug 30th, 2013 at 2:00 PM