If I am designated as agent under my father’s power of attorney, does that mean I receive all of his assets when he passes away?

No, being designated as your father’s agent under his power of attorney does not automatically grant you the right to receive all of his assets upon his passing. A power of attorney is a legal document that gives you the authority to make financial and legal decisions on behalf of your father while he is alive. However, its authority terminates upon his death. To handle the distribution of assets after his passing, you would typically need to refer to other estate planning documents, such as a will or trust.