The elder planning attorney should include such appointments as part of the elder plan for a gay, lesbian, and non-traditional client in thedurable financial power of attorney, the health care power of attorney, and the last will and testament so the court is clear on the wishes of the cli...
A durable financial power of attorney can avoid financial disaster in the event you become incapacitated. You can also use a POA to allow someone to transact business for you if you are out of town or otherwise unavailable.
Power of attorney. A power of attorney is a written document that gives someone the legal authority to act for you as your agent or on your behalf. To be legal, it must be signed and notarized. You may choose to give someone a limited, or ordinary, power of attorney. That authority ...
What is Power of Attorney? The broader term “power of attorney” refers to a legal authorization for someone to act on your behalf if/when you’re unable to act independently. There are many different types of power of attorney, including: ...
A power of attorney (POA) is a legal document that allows a person ("agent") to make legal, financial or medical decisions for someone else (the “principal”).
A document routinely included in an estate planning package is afinancial power of attorney. A...Flynn, Jim
A durable power of attorney is a type of power of attorney that often remains in place until the death of the principal (the individual whose assets are being controlled) or until the document is revoked. When creating a durable power of attorney, the durability of it needs to be explicitly...
A Financial Power of Attorney (POA), also known as a Durable Power of Attorney for Finances or a Financial Power of Attorney document, is a legal instrument that allows an individual (the "principal") to appoint another person or entity (the "agent" or "attorney-in-fact") to manage thei...
A financial power of attorney document is also referred to as a general power of attorney or apower of attorney of property. This POA gives the agent the power to manage the financial life of the principal when that person is unable to do so. The agent can legally manage the principal's ...
A medical power of attorney authorizes healthcare decisions to be made for you, while a financial power of attorney allows for financial decisions.