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Home / Archives for power of attorney

Selecting an Agent

May 17, 2019

Estate Planning, Legal Education Tagged With: advance directive, Agent, health care power of attorney, power of attorney, property power of attorney

agent

Choosing the right Agent under a Power of Attorney is one of the most important choices. This article discusses the qualities of an ideal Agent and qualities to avoid in selecting an Agent. Read on to learn more. Selecting an Agent … [Read more...] about Selecting an Agent

Filed Under: Estate Planning, Legal Education Tagged With: advance directive, Agent, health care power of attorney, power of attorney, property power of attorney

Estate Planning is Too Important to Procrastinate

October 19, 2018

Estate Planning, Legal Education Tagged With: love, Medicaid, planning, power of attorney, trusts, wills

Only 44% of Americans have even a simple Will. We procrastinate for several reasons. Learn those reasons and how to push past them. Learn, briefly, why planning is important. Estate Planning is Too Important to Procrastinate … [Read more...] about Estate Planning is Too Important to Procrastinate

Filed Under: Estate Planning, Legal Education Tagged With: love, Medicaid, planning, power of attorney, trusts, wills

Who Can Create a Power of Attorney?

June 1, 2014

Estate Planning Tagged With: poa, power of attorney

Having a power of attorney included in your overall estate plan is often extremely helpful. A POA is a legal form that entrusts decision-making powers to someone for medical, financial, legal, and other purposes. You can have more than one power of attorney, each for a different aspect of your life. Almost anyone can create a power of attorney but care must be taken when deciding to sign one. In terms of who can execute a power of attorney the only requirements are that the principal (person … [Read more...] about Who Can Create a Power of Attorney?

Filed Under: Estate Planning Tagged With: poa, power of attorney

How Does a Power of Attorney Terminate?

April 6, 2014

General Tagged With: power of attorney, terminate

A power of attorney is an incredibly flexible and potentially useful estate planning tool. Understanding what one is, how it works, and how one terminates may help you decide whether including a power of attorney in your estate plan is right for you. A power of attorney is a legal document wherein you (the “Principal”) give another person (the “agent”) authority to act on your behalf in legal matters. The extent of the authority you convey on the agent is up to you. A general power or attorney … [Read more...] about How Does a Power of Attorney Terminate?

Filed Under: General Tagged With: power of attorney, terminate

Guardianship vs. Power of Attorney in St Louis Missouri

February 1, 2014

Powers of Attorney Tagged With: guardianship, power of attorney, power of attorney in st louis missouri

There may come a time when you need to have the legal authority to make important decisions for a spouse, family member, or loved one. While there are some decisions that a spouse may make as a matter of law, even the authority of a spouse is not always as clear as you may think it should be. If your relationship is only that of a family member or loved one you may find that the law does not allow you to make any decisions without a court order unless the possibility of incapacity was planned … [Read more...] about Guardianship vs. Power of Attorney in St Louis Missouri

Filed Under: Powers of Attorney Tagged With: guardianship, power of attorney, power of attorney in st louis missouri

Powers of Attorney in St. Louis MO: General vs. Limited POA – Which One Do I Need?

January 17, 2014

Powers of Attorney Tagged With: power of attorney, powers of attorney in st. louis mo

At some point in your life you may be asked to sign a power of attorney, or POA. You may also decide that you need to create one for one reason or another. A POA can be a very useful estate planning tool when used properly; however, many unsuspecting victims are also swindled out of huge amounts of money and/or assets by executing a POA in favor of the wrong person or by signing one that gives someone too much authority. For this reason, it is important to understand a general vs. limited power … [Read more...] about Powers of Attorney in St. Louis MO: General vs. Limited POA – Which One Do I Need?

Filed Under: Powers of Attorney Tagged With: power of attorney, powers of attorney in st. louis mo

Incapacity Planning in St Louis: Why A Living Trust Is Better than a Power of Attorney

December 14, 2013

Incapacity Planning, Wills and Trusts Tagged With: incapacity planning in st louis, living trust, power of attorney

When many people create a comprehensive estate plan they frequently include an incapacity plan as well. Although many people think of incapacity in terms of old age related dementia diseases the reality is that incapacity could strike tomorrow in the form of a tragic car accident or terminal illness. Just as there are a wide variety of estate planning tools and strategies there are also numerous different incapacity planning options. Among those options are a living trust and a power of … [Read more...] about Incapacity Planning in St Louis: Why A Living Trust Is Better than a Power of Attorney

Filed Under: Incapacity Planning, Wills and Trusts Tagged With: incapacity planning in st louis, living trust, power of attorney

What Is a Power of Attorney in St. Louis Missouri?

October 13, 2013

Powers of Attorney Tagged With: general POA, limited, poa, power of attorney, power of attorney in st louis mo

At some point in your life you will likely wish to appoint someone as your agent under a power of attorney. You may also be appointed as an agent in someone else's power of attorney. While you may have a basic understanding of what a power of attorney can accomplish it is best if you have a much more thorough understanding of the authority that can be granted under a power of attorney in St Louis Missouri, the different types of powers of attorney, and the limitations of a power of … [Read more...] about What Is a Power of Attorney in St. Louis Missouri?

Filed Under: Powers of Attorney Tagged With: general POA, limited, poa, power of attorney, power of attorney in st louis mo

Think Twice Before Signing a Power of Attorney

September 11, 2013

Powers of Attorney Tagged With: poa, power of attorney

A power of attorney, or POA, can be an extremely helpful legal document, which is one reason why it is so widely used. The ability to give another individual the authority to conduct business on your behalf comes in handy in many situations. A POA is an especially popular legal document for seniors; however, it is also often used to deceive and defraud those same people. If you have been asked to sign a POA by someone, the best thing you can do is to have your estate planning attorney review the … [Read more...] about Think Twice Before Signing a Power of Attorney

Filed Under: Powers of Attorney Tagged With: poa, power of attorney

If You Become Incapacitated, Who Will Manage Your Money?

September 9, 2013

Incapacity Planning Tagged With: Estate Planning, incapacity planning, power of attorney, trusts

Understandably, most people don’t want to think about the possibility of becoming incapacitated, particularly at a young age. It can happen, and if it does someone will have to manage your money. Whether or not you decide who will manage your money depends on whether or not you take the time to plan ahead. Many people make the mistake of assuming that a spouse, child or parent will be legally allowed access to their assets in the event of incapacity simply because of the relationship. This is … [Read more...] about If You Become Incapacitated, Who Will Manage Your Money?

Filed Under: Incapacity Planning Tagged With: Estate Planning, incapacity planning, power of attorney, trusts

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