Power of Attorney Abuse – Buyer Beware A power of attorney is used to delegate legal authority to another person. The principal (the person granting the power of attorney) gives the agent, also known as the attorney-in-fact, the authority to make legal decisions on his/her behalf, including handling bank accounts, real estate, and other assets.…Continue reading Power of Attorney Abuse – Buyer Beware
Power Of Attorney Power Packs In A Paper The Power of Attorney is a legal document voluntarily entered into by two parties and duly certified by a notary public, usually a lawyer. The first and second party in the Power of Attorney are: the Principal and the Agent,respectively. In the power of attorney, the principal…Continue reading Power Of Attorney Power Packs In A Paper
Will the Estate Tax Ever Go Away? The “Estate Tax” is the tax that the government puts on the assets that are transferred to your beneficiaries when you die. Taxable assets can include real estate, stocks, money in a bank account, and other valuable belongings. It does not look like the estate tax will permanently…Continue reading Will the Estate Tax Ever Go Away?
Last Will And Testament Considerations Interest in a Last Will and Testament and other end of life planning documents skyrocketed during the coverage of Terri Schiavo’s case, but interest didn’t always lead to action. It isn’t that people laugh at the importance of preparing for the unexpected; they blame procrastination and laziness. DO YOU HAVE…Continue reading Last Will And Testament Considerations