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The POA cannot transfer the responsibility to another Agent at any time. The POA cannot make any legal or financial decisions after the death of the Principal, at which point the Executor of the Estate would take over. The POA cannot distribute inheritances or transfer assets after the death of the Principal.
In the state of Florida, no minor power of attorney exists and therefore a guardianship petition must be filed with the County Probate Court.
In Florida, you don't have to hire a lawyer to create your power of attorney ? you can do it yourself, saving you time and money. As long as you follow Florida's requirements, any POA you create is just as legal as one drafted by a lawyer.
One major downfall of a POA is the agent may act in ways or do things that the principal had not intended. There is no direct oversight of the agent's activities by anyone other than you, the principal. This can lend a hand to situations such as elder financial abuse and/or fraud.
A Florida minor (child) power of attorney enables parents and legal guardians to appoint a trusted caretaker for their child in circumstances where they are temporarily unable to provide adequate care themselves.