A power of attorney for finances can be a valuable tool, especially for families caring for older adults. You can use it to help them manage specific transactions, to assist them for just a short time, or to regularly manage their everyday affairs. And what's called a durable power of attorney for… Read More . . .
There are times in life when someone may be asked to fill out a power of attorney form. At another time, someone may decide that they need a formal means of allowing someone to act on their behalf. Some people may have heard of a power of attorney, and some may simply be aware of the existence of… Read More . . .
Planning for unfortunate events such as serious illness or injury is rarely on anyone's list of favorite pastimes. Sometimes, though, enduring the small discomfort that may accompany preparing for the unexpected will avoid untold anguish on the part of your family and friends. This is certainly the… Read More . . .
As you may have already heard or read, a Durable Power of Attorney (DPA) is a very important and beneficial document to have available, not only as you age, but at other times as well. It is a very powerful tool in the hands of the right appointee. The usual and best form for a DPA is a broad and… Read More . . .
English common law understood that agents were sometimes needed in business and commerce. The president of Ford Motor Company, obviously, cannot be everywhere. He needs agents to conduct business. Also, someone who is on vacation out of the country and cannot sign a contract might appoint an agent… Read More . . .
Many of my clients come in with a "durable" power of attorney, believing they are all set with it. However, after carefully reviewing it, I invariably have to recommend they need a new one. Why is that? First of all, if the power of attorney is more than five years old, many financial institutions… Read More . . .