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One of the most common questions I receive is whether an attorney-in-fact can continue to use a Durable Power of Attorney (DPOA) to manage assets or write checks after the principal has passed away.
Power of attorney is one of the most important legal forms for estate and elder care planning. Along with wills and trust documents, it is a critical document for arranging one’s affairs.
However, power of attorney is a sweeping grant of authority. Depending on how you structure this grant, a power of attorney can – in some cases – transfer money and property to themselves.
My 71-year-old sister has power of attorney over my 94-year-old mother. My sister is retired and, at times, has refused to have anything to do with the family, meaning my mother and father.
A power of attorney in California allows you (the “principal”) to appoint another person (an “agent”) to make medical or financial decisions on your behalf.
Power of Attorney is an essential legal document for every adult. Getty What is a Power of Attorney: It’s a legal document you sign and appoint a person, called your agent, to handle legal, tax ...
Power of attorney: Which one do I need? By Maj. Stacey Guthartz Cohen, JFHQ-NCR/MDW Client Serv April 16, 2015 ...
Specific Powers of Attorney Specific powers of attorney are great tools because they allow you to specify the particular transactions being authorized. You may make a specific power of attorney ...
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