Search results for “power of attorney”

How Appointing a Power of Attorney Can Benefit Your Life

In general, estate planning benefits not only the principal’s life, but also the lives of their family members and agents. Prior planning includes wills, trusts, health care proxies, advanced health care directives and durable powers of attorney provide direction, guidelines, …

Power of Attorney for My Incapacitated Parents – What Are Our Options?

A sensitive and often complicated conversation that individuals have with their aging parents relates to protective measures in the event of the parents’ incapacity. A power of attorney and the variations of such concerning the relinquishment of financial control require …

Too Young for an Estate Plan? Think Again

For young adults, the inevitable is typically not at the forefront when it comes to making future plans, precluding many from giving any thought to what may happen to their assets on death. In reality, all young adults should have …

When preparing your estate plan, it is essential to designate the proper fiduciaries to handle your affairs during your incapacity or after your death. How do you choose the right person for each of these roles? This is one of …

Avoiding Probate Litigation: An Attorney’s Top 5 Tips

The most basic and streamlined approach to avoiding probate litigation is planning ahead. Plans may include full, comprehensive estate plans, simple transfers of real estate, the implementation of protective measures or naming agents in the event of incapacity. Individuals with …

Five Common Questions About Estate Plans Answered

Estate planning can be confusing for many. It can be daunting to contemplate your own demise, but there are many reasons it is important to have an estate plan. An estate plan can prevent placing a larger burden on your …

Do I Need to Nominate a Guardian for My Child or Pet?

In the unfortunate situation where you are not available to care for your child or pet, it is prudent to plan ahead by nominating a guardian for your child and/or pet. Advance planning avoids potential court fights over control and …