Power of attorney abuse and sibling conflicts can be emotional and complex. Here’s our guide to power of attorney problems, contests, disputes, and abuse. What is power of attorney? Power of attorney is a legal contract that gives a person, the Agent, the power to make legal decisions on the behalf of somebody …
The Guide to Power of Attorney Abuse and Contests Read More »
Power of attorney grants the holder (the “agent”) to act on the behalf of another person (the “principal”), for the sake of their best interest. It is an important role when a person becomes incapacitated, or otherwise is unable to make legal, financial or health decisions on their own. A principal can grant as many, …
One of the easiest and most important things you can do to protect your financial affairs is to arrange for another person to manage your finances if you become incapacitated for any reason. Although many people overlook this important step, if you don’t set up a financial power of attorney, your assets could be thrown …
Designating a financial power of attorney is an important estate planning tool Read More »
A power of attorney document gives you the ability to appoint a person or an organization the right to manage your affairs if you become incapacitated and can no longer do so for yourself. You can designate anyone you trust to act as a power of attorney. In many cases, people name an actual lawyer …