Category: Power of Attorney

Are You Personally Liable for Acting as a Power of Attorney?

In my opinion, the single most important legal document one can have while alive is a Durable Power of Attorney. It is a necessary part of everyone’s estate planning. It is the document designed to help one avoid having to be placed under a court-ordered guardianship if one loses his or her mental capacity and

 

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“The Bank Told Me Your Power of Attorney is No Good” (Understanding the Difference between a Power of Attorney and Revocable Living Trust)

“The Bank told me your Power of Attorney is no good!”, says the angry child of your Client.  For an attorney who strives to do the best job possible for her clients, this comment really hurts. “No.  There’s absolutely nothing wrong with the Power of Attorney I drafted for your Mother.  It is a valid

 

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