A power of attorney is a legal document giving one person (the agent or attorney-in-fact) the right to make certain decisions for another (the principal). The broadest of these documents is known as ageneral power of attorney, though other, more specific POAs can limit the power of an a...
In this article, we’ll explore what authority the POA grants, the different types of POAs, and the role of your agent. And, we’ll also find out precisely what“durable”means. What is a power of attorney (POA)? A power of attorney (POA)is a person who can act on the behalf of...
If you're the executor of an estate, here's what you need to do.Determine if probate is necessary. ... Decide if you need a lawyer. ... Get non-lawyer help.
You can terminate your dual power of attorney in the following ways: Put it in writing and notify all parties to the power of attorney – the agent, co-agent, successor agent, monitor, etc. If the situation is more complex, a third party may be able to file an action in the ...
What is a trust fund, exactly? We spoke to Alexander Joyce, CEO and president of ReJoyce Financial, a financial and estate planning firm in Indianapolis. He shared how you might go about setting up your kid (and your cash) with a trust. Read on for the definition of a trust fund, ...
In some cases, creating a durable power of attorney is as easy as filling out a form. You name the situations you want the POA to cover and you name your agent. Some states allow multiple agents and you may want to name asuccessor agentto take over in the event your primary agent is...