When we think about estate planning, our minds often go straight to wills and trusts—but powers of attorney are just as vital. These legal documents help ensure that if something unexpected happens and we become unable to make decisions for ourselves, a trusted person can step in to manage important aspects of our lives. From…
College students are mostly legal adults, which is going to mean parents might not have input when a medical crisis happens. A medical power of attorney (POA) can help them keep informed and make split decisions in emergencies. A parent’s job is one that never clocks out; however, things get more complex when their kids…
Following a surgery, an injury or the onset of a medical condition that you can no longer make decisions for yourself, you can select a representative to take important choices for you. One example is a medical power of attorney who is a person you can trust to make medically related decisions for you. A…
Estate Planning is merely the process of making it undoubtedly known how you want your estate to be managed following your passing or should you be debilitated and unable to manage things on your own. The most typical Estate Planning definition is — “the method of creating a plan for the transference and management of…
Short answer? No, but the appointed agent can make other important decisions concerning your estate. When you carry out a power of attorney, you are naming somebody else to act for you. Financial power of attorney is the more widely known kind, but you can also appoint an agent to execute many other duties. Because…
If you are planning your estate or require someone to manage important financial or legal affairs for you while you are away, a power of attorney is an important legal document to have. If you don’t have one in place yet, now is a perfect time to get one—the laws in many states have been…
The transference of power of attorney from one individual to another isn’t always feasible, but it can be accomplished under a particular set of circumstances. If you want an individual to act on your behalf when you are unable to do so, you can decide to give POA to a trusted friend, relative or business…
Powers of attorney are a critical part of any estate plan, but in many situations, a springing power of attorney—that only “springs” into action should you become debilitated—might be worth thinking about. Estate planning comprises of different kinds of documents, all of them serving a specific intent. Placing a power of attorney (POA) with your…
What happens if you were a long way from home and your child has a medical emergency and someone is required to sign consent documentation? A temporary medical power of attorney might solve the issue. Learn more concerning how to obtain a medical power of attorney for your child. If you are going to be…
College bound teens are typically legal adults, meaning parents might not have a say when a medical crisis happens. A medical power of attorney gives them help in staying informed and make decisions in emergencies. As parent’s their job is never done, but things get more complex when their teens are off to college. A…
