Why Your Parents Need a Durable Power of Attorney

Why Your Parents Need a Durable Power of Attorney

Did you know that having a durable power of attorney can be extremely useful for you and your loved ones? A power of attorney grants another person the legal authority to make decisions on your behalf. There may be many circumstances in which you might become unable to make financial or legal decisions on your own behalf, whether due to illness or absence. Having a power of attorney included in your estate plan allows someone you trust to do so...
Why Your Aging Parent Needs a Power of Attorney NOW

Why Your Aging Parent Needs a Power of Attorney NOW

Have you heard that one of the most important estate planning documents may be the durable power of attorney? This document can give a trusted adult the ability to manage the affairs of another, should that individual become incapacitated. If there is not a valid power of attorney in place before becoming incapacitated, then the court may appoint a guardian for the individual, and it may not be who the incapacitated person would have...
Four Critical Powers You Need in Your Power of Attorney

Four Critical Powers You Need in Your Power of Attorney

A durable power of attorney is a written document by which a person designates another to transact his or her business. The attorney-in-fact has the full authority to perform, without prior court approval, every action authorized and specifically enumerated in the document. This authorization may even include the authority to sell or mortgage the principal’s real property, including his or her homestead. An existing durable power of attorney...