Power of Attorney

What is Power of Attorney?

Power of attorney is a legal concept with which most of us are familiar, but may never fully understand until it is needed.

In its many forms, a power of attorney (POA) is a written document by which one person, the principal, authorizes another, a competent adult, to act as an agent to perform specified functions on the principal’s behalf. The extent of the agent or “attorney-in-fact” authority to act is defined by the type of POA agreement.

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Elder Care Lawyer

Elder Care Lawyer

As we grow older, perhaps retired from working and raising families, the need for assistance with elder legal matters, estate planning, will and trust administration, and elder rights begin to come into sharper focus.

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Special Needs Planning Lawyer

Special Needs Planning Lawyer

Parents of children with special needs are appropriately concerned about dying or no longer being able to care adequately for their dependent offspring. While in most instances, estates divide evenly among all children of the deceased, special needs children may require a larger share of the assets for their proper care in a stable and supportive environment.

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How Often Should We Review and Update Our Wills, Living Wills, Etc ?

How often should we review and update our wills, living wills, and advance directives?

When you were just starting out and beginning to accumulate assets, thoughts of caring for your growing family’s future if you were suddenly gone likely developed. While in your twenties or thirties, you began to save, invest, and maybe even purchased a life insurance policy to protect your family’s financial future in the event of unfortunate circumstances.

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Are There Guidelines for Executors?

Are There Guidelines for Executors?

Executors of the will of a relative or other loved one have an important obligation. That person has been bestowed the job of ensuring that all assets are distributed properly, according to their wishes, to all designated heirs. The task does not end until any probate court proceedings have been concluded, a final tax return filed, and the assets fully dispersed.

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4 Life Milestones That Should Trigger a Review of Your Estate Plan

What Life Milestones Should Trigger a Review of Your Estate Plan?

Adapting to changing circumstances is important at any time of your life. When managing your estate, you should always be mindful that certain events could impact decisions you may have made in the past.

From the time you begin to accumulate assets, you should start considering how your passing could affect others and how you wish your property to be distributed. Estate planning becomes especially important when you have a spouse, children, and perhaps grandchildren to consider. (more…)