A POA can be as broad or as limited as the principal wishes but each of the powers granted must be clear even if the principal grants the agent a general POA. The principal can't grant sweeping, nonspecific authority such as, “I delegate all things having to do with my life.” ...
After considering these estate planning basics, you'll be ready to move forward with getting your affairs in order. If you're still unsure of where to start,bundle estate planservices together so that an attorney can answer your most pressing questions and help you prepare your paperwork....
When I sold Mom’s car, the DMV required that I furnish a copy of the POA along with the signed title so that the car title could be changed to the new owner’s name. So each entity specified what they needed and how to submit the paperwork. Helpfu...
In Mississippi, you can start a partnership or sole proprietorship simply by engaging in business activity — no paperwork is required for these informal business types. If you want more legal protection for yourself and your personal assets, you’ll want to form an LLC, corporation or anotherbu...
However, it’s important to do it right to ensure your agent has the authority they need to make the decisions you’ve designated. You may consider consulting with an attorney experienced in estate planning and elder law. An attorney can help you draw up the paperwork, outline responsibilities...
A well-designed trust can help save time, paperwork and other headaches when settling an estate. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website...
Inspection documents and title paperwork can help you sell and insure your vehicle. ●Appraisal information You don’t want to lose the appraisal information that you’ve paid an appraiser for. Appraisals aren’t just important for selling, but could also serve a purpose in your taxes. ...
A well-designed trust can help save time, paperwork and other headaches when settling an estate. 2 ByTina Orem,Connor Emmert Estate Planning Checklist: A 7-Step Guide to Getting Your Affairs in Order An estate plan can give you peace of mind that your assets will be distributed according to...
A very basic trust fund can involve little more than a few pages of paperwork. Do Trust Funds Grow? Do Trusts Earn Interest? A trust fund is a vehicle that contains other assets, meaning that not every trust fund is the same. You need to put assets or property into a trust fund. So...
If you’d like to revoke your agent’s privileges immediately, you can verbally do so and then follow up with the paperwork afterward. But it is not recommended to wait on the written revocation. Contest the POA.If you are a third party needing to challenge a POA on behalf of a princip...