A Durable Power of Attorney is an inexpensive means to provide an individual with the authority to act on behalf of an incapacitated person (principal) when they can no longer act on their own behalf.
A medical power of attorney is a legal assignment that gives someone the authority to make medical decisions on your behalf if you are incapacitated. By definition, you must make this a durable power ...
My mother signed a general power of attorney in 2006 naming me as agent. Since then she has been diagnosed with Alzheimer's, which is progressing rapidly. She forgets to pay bills and forgets how to ...
Dear Mr. Premack: My father is agent in the durable power of attorney for my aunt who is now incapacitated with severe Alzheimer’s. He is putting his affairs in order and wants to transfer his rights ...
It’s viewed as the most important estate planning instrument – even more so than a will. It’s the durable power of attorney (POA) for financial matters, according to Harry Margolis, author of "Get ...
If you read my monthly articles regularly, you know the cornerstone of any estate plan is a last will and testament. But a will has many limitations and should never stand alone as a plan for your ...
A milestone for any parent occurs when their child turns 18. At this time of year, the 18-year-old may be anxiously awaiting a college admissions decision or otherwise deciding what the child's next ...
Harry Margolis, an expert in elder law, answers a reader's question regarding what to do when a person claiming to hold power of attorney refuses visitation at a full-time care facility.
A Durable Power of Attorney is a written document signed by the principal that names an agent to handle the principal’s financial affairs. seb_ra / Getty Images/iStockphoto One of the many charming ...
What Is Durable Power of Attorney for Finances? A durable power of attorney for finances is a legal document that authorizes another person to manage the principal's financial affairs, including ...