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If you have a general, durable power of attorney, then you have the same rights as your grandparents to act in all capacities. In other words, you can do everything they could do for themselves. BUT, you have a fiduciary duty to your grandparents -- which is the highest duty under the law. This means that everything you do must be for them and in their best interests. So any money you spend would have to be done for their benefit.
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