Dear Mr. Premack: My father has been organized and proactive. He properly probated my mother's Will when she died so that he is recognized as full owner of all of their assets. He spoke with his ...
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 ...
We all make important decisions and engage in regular financial transactions without giving a second thought about our capacity to do so. But what if you suddenly lost the ability? What would happen?
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.
Dear Jonathan: Can you please explain what the difference is between a financial durable power of attorney and a health care durable power of attorney. A non-springing financial durable power of ...
Power of attorney documents give one or more people the right to act as your agent when you're unavailable, incapacitated, or otherwise indisposed. Beyond more general types of POAs, specialized ...
If someone has signed a health care proxy and durable power of attorney while they have capacity, is there any benefit to also petitioning for guardianship or conservatorship later on if that ...
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 ...
IImagine 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 ...
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 ...