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…
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…
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,…
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…
