Beneficiary Designations

Frequently, one of the fundamental goals in estate planning is to avoid probate. Together with a revocable living trust, beneficiary designations could also be a choice in reaching this goal. Naming an individual as a beneficiary on a particular asset, like an IRA, 401k, or a life insurance policy, typically bypasses the probate process, when…

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Reasons to Contest a Will

It is usually very challenging to contest a will. Somewhere around ninety nine percent of wills go through probate without any problems. Wills are considered by the courts as the “spokesperson” of the testator, the individual that wrote the will. Since that person is no longer around to convey their wishes, the courts stick inflexible…

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Power of Attorney for an Elderly Parent With Dementia

Power of Attorney (POA) documents help guarantee the wishes of the individual with dementia are followed as the disease advances and makes it possible for other individuals to make decisions on behalf of the individual when they no longer can. Power of attorney Providing the individual that has dementia has legal mental ability (the capacity…

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What Is a Power of Attorney for a Trust?

Typically, a power of attorney (POA) is not named for a trust. Nevertheless, there could be circumstances when you might want to designate the same individual as your trustee and as your attorney in fact. A POA is legal documentation that provides someone other than you the authorization to act on your behalf. A trust,…

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Can a Family Member Revoke Power of Attorney?

Naming an individual to act on your behalf carrying out a power of attorney (POA) document is a very important decision. Whereas POA can be given to anybody, most people usually decide on a trusted family member to manage the responsibility of making health and/or financial decisions on their behalf. Elderly parents usually name their…

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How Do a Last Will and Power of Attorney Work Together?

A last will and power of attorney are effective and important documentation that provide you with contentment and safeguard your family. A last will and power of attorney are important aspects of just about any estate plan. With one another these documents are able provide a lot of safeguards when planning for the future. What…

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Who Can Override a Power of Attorney?

The principal is always able to override a power of attorney, although it’s feasible for others to hinder an agent from misusing their power. Who is legally enabled to override a POA is subject to the kind of POA in question and the reasoning why a termination is being sought. A power of attorney enables…

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Revocation of Power of Attorney

A revocation of power of attorney form enables you to change your decision concerning who you’ll want to act on your behalf regarding your personal, health care, business, or legal issues. As the name implies, you are able revoke or terminate the power and authority previously granted to this individual, referred to as your “Agent”.…

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Arizona Divorce Process

Find out what steps to take, and what to consider throughout a divorce process in Arizona. Coming to the decision to terminate your marriage isn’t an easy one. If you’re contemplating divorce, you are going to need to decide what you want in terms of child custody, spousal support, and asset division. You are also…

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