How do I choose an agent to act on my behalf?
When you create a power of attorney, you choose an “agent” to act on your behalf. The person you choose to be your agent or attorney-in-fact assumes certain duties and responsibilities. The most important obligation of the agent is to act in your best interest. This means that he or she must always do as [...]
Medical power of attorney and what I need to know
A medical power of attorney is a legal document that allows you to select another individual to make health care decisions for you on your behalf if or when you become unable to make them yourself. The individual you choose is responsible for health care decisions and not financial decisions as with a regular power [...]
What exactly does power of attorney mean?
You’ve heard the phrase “power of attorney” before. But do you really know what it means? At some point in your life, you may have to create a power of attorney. It is best to stay informed and educated about what this means, and how it can benefit you. A power of attorney is basically [...]
Keeping Things Going on the Home Front: Power of Attorney – Travel
Planning on an extended vacation or long-term travel abroad? Chances are you will be leaving behind important personal, financial, and business affairs at home. Who’s hands will you put them in? The more property and profits you have at stake, the more necessary a power of attorney will be for you. You need a trusted [...]
The Mixed-Up Files of Power of Attorney
Documents for power of attorney are some of the most carefully eyeballed and processed in America; that’s because they are so very important. Unfortunately, filing power of attorney documents can be a complicated and delicate ordeal. Here is an introduction on how to grant an agent of your choice power of attorney. There are more [...]
Types of Power of Attorney
Whenever you hand over your power, you should be especially concerned about who you’re handing your power over to and how much power you’re handing over! A power of attorney may be just as necessary as it is risky, so in order to take advantage of this sometimes invaluable commodity, let’s take a look at [...]