Estate planning is often thought of as a way to pass your assets to the next generation at your death. However, another aspect of estate planning is designating someone to manage your financial ...
Lawyer, Gary Rycroft was on the show talking about lasting power of attorney. Gary previously discussed lasting power of attorney and common mistakes people make on their applications on the 6th March ...
The main reason a financial power of attorney this simple would not be advisable is due to the uncertainty of financial institutions to accept the POA, which lacks specific powers. If my goal is for ...
Whichever type of power of attorney you have, the person who gives the authority is called the principal, and the person who can act for the principal is called the agent, or the attorney-in-fact. You ...
Power of attorney documents give one or more people the right to act as your agent when you're unavailable, incapacitated, or otherwise indisposed. Beyond more general types of POAs, specialized ...
Learn the differences between the executor of a will and power of attorney. Discover the pros and cons of having one person ...
A financial power of attorney can be a valuable tool to help protect your finances and empower you to make important financial decisions for a loved one who can’t make decisions for themselves. It’s ...
In Texas, a financial power of attorney can allow someone to manage your financial and legal tasks, like paying your bills and signing contracts, but not making medical decisions or changes to your ...
Abby Hammond, a senior associate in the private wealth department at JMW Solicitors in London, says there are two types of ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Real Estate Attorney Dave Schlueter with the ...
A financial power of attorney can be a game changer if you find yourself in a situation where you need someone to have control of your finances because you can’t make decisions for yourself. It’s also ...