Many people think that a Power of Attorney for Healthcare only talks about end of life situations, for example, whether or not to “pull the plug.” This is unfortunate because they also may believe if they make their wishes clear to their family, then they don’t need one. The reality is that a Power of […]
Essential Legal Documents Anyone With Alzheimer’s Needs to Have in Place
No one plans on Alzheimer’s, however a person diagnosed with Alzheimer’s should put some planning in place, while they still can, and in the form of legal documents. There are a number of legal decisions someone diagnosed with Alzheimer’s can and should execute, and as discussed in Can Someone Diagnosed With Alzheimer’s Still Execute Legal […]
Alzheimer’s and Powers of Attorney for Property: Why the document’s specific language matters so much
Not all Powers of Attorney for Property are created equal. This may come as a surprise to some people, we hear “Power of Attorney for Property” and we think of a standardized form, but the language contained in these documents can differ from each other. While a basic form may give authority to pay bills and […]
Is adding someone’s name to your accounts an okay substitute for a Power of Attorney for Property?
There is a common misconception that adding someone’s name to your accounts provides similar benefits that a Power of Attorney for Property does. Plain and simple, it does not and is not an okay substitute. A Power of Attorney for Property will provide more powers and may even, as you will see in this video, protect your money […]
Common Estate Planning Mistake #9: Failing to name enough successor agents under a Power of Attorney for Property
There are only two people who can give somebody the authority to make and carry out decisions for you. One is a Judge through an expensive guardianship proceeding and the other is you through a Power of Attorney. A Judge can give that authority to just about anybody, whether we would want them to have it […]
