Power of attorney (POA) documentation is written authorization enabling an individual (known as the principal) to designate a trusted family member or friend (known as the agent or attorney in fact) for managing particular healthcare decisions or legal and/or financial duties for them. Once signing as power of attorney, it is critical to clearly declare…
Different than money, personal possessions typically can’t be divided equally following their owner passing away. This is why distributing belongings such as furniture, jewelry, dishes, silverware, painting, photographs or clothes is usually the most complicated challenge in the settlement of an estate. It may help if the deceased individual had declared in their will or in…
When your power of attorney (POA is made durable, it stays intact when you can’t make decisions on your own. A power of attorney (POA) authorizes another individual to manage certain issues, such as finances or healthcare, for you. When a power of attorney is durable, it stays in effect should you become debilitated, because…
Since a power of attorney is among the most vital legal documents you can have, it’s vital to know if you want a durable power of attorney or general power of attorney. One of the most frequent terms used in estate planning is “power of attorney.” Certainly, it is one of the most vital documentation…
Just about everyone is going to need a power of attorney eventually. Discover what a power of attorney does, how to acquire one, and why you need one. Power of attorney (POA) are documentation that permits you to name an individual or organization to administer your property, financial and/or medical affairs should you become incapable…
Discover how to acquire power of attorney for older parents or loved ones. Powers of attorney can bring serenity to both the elderly and their caregivers. Powers of attorney enable elders to permit a trusted individual to make decisions about healthcare and financials on their behalf. Having these powers in place when a loved one…
When you are a single parent, you might be concerned about who is going to care for your children should something happen to you. This post will explain your options. It’s also advised to speak with a lawyer. What is “testamentary guardianship”? When you are the child’s only parent still alive, your Last Will and…
Divorces can be complex, emotional, and overwhelming. When thinking about a divorce, there are many things to consider. Where will you each live? Will you keep or sell the home? How are you going to share time with your children? How are you going to divide assets and debts? If you have been a stay-at-home…
There are circumstances in which a prenuptial agreement is thrown out by a judge for an invalid stipulation, irrational statements, or an indicator that a spouse signed the prenup under coercion. The agreement is legally irrevocable, but neither husband nor wife should sign the contract by way of force, duress, or when conditions are unreasonable.…
Guardianships are an arrangement in which a court or a parent names an individual to make decisions for a minor child. States laws will differ on the specific powers and obligations of a guardian. Parents are able to grant guardianship to another individual for a multitude of reasons. A court may also name guardianship rights…
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