The Benefits of Financial Power of Attorney

Tag Archives: power of attorney

The Benefits of Financial Power of Attorney

One of the questions you’ll need to consider as you plan your estate is who you will name as your agent in a financial power of attorney. This person will have the authority to make certain financial transactions and decisions on your half should you become incapacitated. There are a variety of benefits to granting […]

Are There Any Risks Associated with Granting Power of Attorney?

Power of attorney is a designation you provide to a chosen person (your agent) to make certain decisions on your behalf, generally related to finances or healthcare. It is an element of any strong estate plan to ensure your wishes are followed in the event of your incapacitation. But are there any risks associated with […]

An Overview of Durable Power of Attorney

Power of attorney is a type of legal document that empowers another person to act on your behalf in certain situations. This is a handy stipulation to have in your estate plan in the event you become incapacitated. If a power of attorney is “durable,” that means the document will remain in effect even upon […]

Estate Planning Not Just for People with Children

There is a common misconception that estate planning is only really necessary for people who have children to whom they wish to pass down their assets. However, estate planning is so much more than asset distribution — there are many reasons why it’s important for people to develop an estate plan, even if they don’t […]

Arranging Financial Power of Attorney in Florida

If you suddenly find yourself ill or injured and unable to manage your own finances, you will need another person who can come in and assist you. A person to whom you grant financial power of attorney can pay your bills, collect benefits, manage your investments and handle a variety of other financial matters on […]

Getting Your Affairs in Order Will Give You Peace of Mind

You may have heard that it is never too early to get your affairs in order. While this might seem like ominous advice, an important point to remember is that when you begin estate planning early, you can rest easy knowing you don’t have to think about it during the twilight of your life. Retirement […]