Having someone that can act for you when you are unable to is the whole reason for drawing up a power of attorney. Are you in danger of having your representative not be allowed to speak on your behalf with some agencies? Banks, investment houses and other agencies may not accept your representative due to [...]
Having a person appointed as your power of attorney is a necessary step to ensure that your wishes are followed if you are incapacitated or unable to speak for yourself. However, due to liability lawsuits there are certain banks, investment houses and other entities that might not accept your power of attorney. Why Would they [...]
As we age, the reality of not being able to handle our own affairs due to sudden or long term illness becomes something to seriously consider. To ensure that your affairs are taken care of in times like this, you need to have someone who will be willing to handle them for you. This is [...]
What happens if you are sick or injured and unable to communicate your medical wishes to your doctor? That is where a living will comes in. Known also as advance medical directives, these documents allow for your wishes to be met even if you are unable to communicate them. When Does a Living Will Take [...]
Typically when speaking about power of attorney, people refer to what is known as general power of attorney. General power of attorney allows a person to act on our behalf in an unlimited scope until that power is revoked. That is not the only type that can be granted. Specific Power of Attorney Suppose you [...]
A power of attorney gives an individual, whom you appoint, the right to act on your behalf if you ever become incapacitated and unable to make financial or business decisions yourself. While it is a powerful estate planning instrument, it's only as strong as you make it. There are four types of powers of attorney. [...]