A power of attorney is a legal document that names an agent to make financial or medical decisions. This form is used when the individual known as the “principal” is unable to make decisions for one reason or another, or, cannot be present to sign legal documents during financial transactions.
Everyone should have designated an agent for medical and financial decisions. If you haven’t named an agent, it’s time to draft the documents with an elder law attorney experienced in...
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Category Archives: "Power of Attorney"
25 Jan
Off
The Importance of Having a Knowledgeable Probate Attorney to Assist with Estate Administration
A probate attorney can help the family members of the deceased person resolve any debts and distribute the assets.
The probate attorney, also known as the estate attorney, aids the estate executors to manage the probate process. It is important to have a probate attorney assist you with knowing your rights when it comes to creditors or any of the deceased’s final bills or expenses.
It is also important to have a probate attorney assist you
with saving on taxes. A...
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21 Dec
Off
5 Common Legal Issues That Caregivers Face
There are several reasons why adequate legal
planning is crucial, but one that I’ll focus on today is that too often,
seniors are victims of financial abuse. Unfortunately, people become more vulnerable
with age and many families fail to address the necessary preparations until it
is too late. This results in sticky legal situations for family caregivers.
Below are a few common legal troubles caregivers may face.
Issues with Power of Attorney
Designating someone to act as your surrogate decision maker through a Power of...
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24 May
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Guardianship vs. Durable Power of Attorney: Positive and Negative Sides
If a person is disabled and doesn’t have a setup plan in place, then he or she is only left with the guardianship option. In such a situation, I, being a Guardianship Attorney can provide help when your family member or friend has become disabled. However, creating plans ahead of time is preferred because of benefits associated with using devices, such as power of attorney. It is vital to understand the distinction between the guardianship and other alternatives and...
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15 Dec
Off
Why and how to organize your financial and legal affairs
Why Organize Your Affairs
It’s not easy to think about what might happen if you become unable to handle your own affairs. But illness and infirmity are as unpredictable as they are inevitable. It’s impossible to know when they will strike you or what form they may take.
Acknowledging your mortality is even more difficult. Even those you might reasonably expect to know better are not exempt from the tendency to avoid end-of-life decisions.
May people have inventories in their heads about...
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