Tag: power of attorney

The Responsibilities of a “Fiduciary”

It may be necessary for you to act as a power of attorney for a family member or a friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated, and they would need a

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Considering the Major Elements of Estate Planning

You can ensure your loved ones are cared for after your death by creating an estate plan. It requires organization and strategy and begins with five key legal documents that can address many areas of estate planning concerns.   Proper estate planning can provide tax savings and asset protection so

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Planning for the Estate of a Surviving Spouse

Grieving after losing a spouse or long-term partner can make it difficult to see beyond your grief. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances and personal estate plan. In truth, estate planning is perpetual as it accounts for

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Power of Attorney: What You Need to Know

The power of attorney plays a key role in planning for your incapacity and appointing someone you trust to manage your affairs. These legal documents can grant broad authority to one or more power of attorney agents to transact business or make medical decisions based on your behalf.   What

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The 7 Worst Reasons for Putting off Estate Planning

I don’t own much with my family. Wouldn’t it be better to wait until we’re able to afford to plan?   You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should happen to you. You don’t want

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