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.
Imagine that tomorrow you suddenly become severely ill or incapacitated. Who would take care of your finances? How would they do it? If you don’t have a durable power of attorney, others -- even your ...
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 ...
After nearly a decade and a half of war, service members and their spouses are likely familiar with general powers of attorney. The most common type of power of attorney is a durable, general power of ...
Forbes contributors publish independent expert analyses and insights. Christine Fletcher writes about managing trusts and estates. This article is more than 6 years old. A power of attorney can be a ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Along with a Will and a Trust, the most common documents used in estate ...
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 ...
Advice offered by Marc Hebert, president of The Harbor Group Inc.,a certified financial planner. If you have any questions about finance or if you'd like to suggest a future topic, email webstaff@wmur ...
The durable power of attorney is one of the most effective and important planning tools for medical care and estate planning, since it enables a person (the principal) to delegate certain powers to ...
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 ...