Who is required to sign for the acknowledgment of receipt of funds if the resident is not competent?

When a resident is not competent to sign for the acknowledgment of receipt of funds, it is essential that someone with legal authority steps in to ensure that the resident's financial matters are handled properly. A Financial Power of Attorney has the legal authority to act on behalf of the resident in financial matters, which includes signing documents related to the acknowledgment of funds. This designation means that the individual has been given the power to make financial decisions and manage finances for the resident.

This role is different from that of a family member, who may not have any legal authority unless designated as such, and may not be equipped to handle financial transactions without proper legal standing. A legal guardian could also be positioned to sign on behalf of the resident, but typically, a Financial Power of Attorney is specifically designated for financial transactions, which makes them the most appropriate choice. Social workers typically do not have the authority to sign legal documents related to financial matters unless they have been structured to do so under specific circumstances, which is not the norm.

Thus, the correct choice emphasizes the necessity of having someone with explicit financial authority established to protect the interests and rights of the resident, making the Financial Power of Attorney the right answer for this situation.