Fiduciary Responsibilities: An Overview
There may come a time when you are asked to act as a power of attorney for a friend or family member. Your person may be planning for when they might become unable to take care of their affairs. For…
Understanding Power of Attorney Appointments
It is essential to have a power of attorney in its various forms if you ever become incapacitated and require an agent to manage your affairs when you are unable to do so yourself. These legal documents can grant broad…
Here Are Seven Reasons Why Estate Planning Should Not Be Put Off
There is not much we own as a family. Can't we wait until we have the money to plan? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if…
What You Need to Know About Powers of Attorney (POA)
You should incorporate Power of Attorney (POA) documents into your estate planning process. All states recognize powers of attorney, but rules and requirements will differ from state to state. The document gives one or more individuals the legal authority to…
Guardianship of an Elderly Parent
Most often, guardianship conjures images of a minor in the care of a designated adult family member or friend. However, you can employ the process to obtain legal rights over elderly or aging adults, usually, parents, who are losing their…
A Guide for Young Adults on Estate Planning
It is fairly common for young adults, even those with professional careers at thirty or older, to feel they are too young to plan their estate. Young adults in their twenties and thirties often think they don't own enough to…
Aging Powers of Attorney Need to Be Acted Upon
Currently, my uncle is in the hospital, and I must pay his bills. Back in 2002, he named me as his financial power of attorney, so I could write checks on his bank account when he couldn't, like now. But…
Misconceptions about Power of Attorney
One of the most essential components of an estate plan is a durable power of attorney. It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have not…
What Happens Now That You Are Asked to Be Power of Attorney for a Loved One?
You are likely to be asked to be power of attorney for an elderly or sick loved one at some point in your life. Your person may be planning for when they might become unable to take care of their…
An Estate Plan Is Necessary to Make Sure Your Final Wishes Are Carried Out
To be sure your final end-of-life wishes are followed; you must prepare an estate plan. Many put off making these plans thinking there is always time. The sad reality is that none of us are guaranteed time. Others may be…