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Estate Planning › Durable Power of Attorney › Power of Attorney

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the... more +
Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process.  less -
Amundsen Davis LLC

Planning for the Future: Managing Your Healthcare with Advance Directives

Amundsen Davis LLC on

A comprehensive estate plan provides how your estate is handled in the event of death or incapacitation. It also establishes your desires for how medical and life-sustaining treatments are communicated and administered. ...more

Lasher Holzapfel Sperry & Ebberson PLLC

Durable Power of Attorney – One of Your Most Important Estate Planning Documents

Lasher Holzapfel Sperry & Ebberson PLLC on

We all make important decisions and engage in regular financial transactions without giving a second thought about our capacity to do so. But what if you suddenly lost the ability? What would happen? While most of us don’t...more

Foster Swift Collins & Smith

Legal-Ease: What Happens to a Family Member's Bank Account After Death?

Foster Swift Collins & Smith on

Dear Jonathan: My father, a widower, passed away a couple of months ago. Being his only child, he appointed me as his agent on his durable power of attorney so that I can handle his bill paying which I have been doing for the...more

Warner Norcross + Judd

Michigan’s New Uniform Power of Attorney Act Effective July 1

Warner Norcross + Judd on

Michigan’s new Uniform Power of Attorney Act (UPOAA) becomes effective on July 1, 2024. This law serves several purposes, which include preventing financial exploitation of vulnerable individuals and making standard power of...more

Amundsen Davis LLC

Estate Planning for Young Adults: Essential Documents as Your Child Heads to College

Amundsen Davis LLC on

As your child approaches their milestone 18th birthday, it's crucial to understand the changes and responsibilities that accompany reaching the age of majority in the eyes of the law. This moment marks their transition into...more

Ward and Smith, P.A.

Easing the Burden: The Gift of Planning for Incapacity

Ward and Smith, P.A. on

Normal aging can be challenging, but caring for an aging family member with dementia is particularly difficult.  Over the years, we have often seen caregivers suffer from exhaustion, compromising their mental and physical...more

Chambliss, Bahner & Stophel, P.C.

What Does Having Power of Attorney With Dual Agents Mean?

Chambliss, Bahner & Stophel, P.C. on

A power of attorney is among one of the most important incapacity planning documents you can have. It designates someone you trust with taking care of your affairs if you become unable to do so....more

Burns & Levinson LLP

How Appointing an Attorney-in-Fact Can Benefit Your Life

Burns & Levinson LLP on

There may come a point in life when you – or a loved one –need a trusted family member, friend, or professional to assist with your property and financial affairs and decision-making.  Since that point may come when you are...more

Ward and Smith, P.A.

Estate Planning Considerations That Apply to Nearly Everyone

Ward and Smith, P.A. on

Our attorneys field questions every day about the nuanced estate planning issues that arise due to a client's unique circumstances, but there also are many fundamental estate planning considerations that apply "across the...more

Saiber LLC

Estate Planning Checklist: Something to Consider Before Sending your Child off to College

Saiber LLC on

Before you pack the car and bring your student to their new home at college, there is an important bit of estate planning each family should consider. At the age of eighteen, a child become a legal adult....more

Foster Swift Collins & Smith

Parents: The Three Essential Legal Documents Your Child Should Have Before Leaving For College

Foster Swift Collins & Smith on

In Michigan, the age of majority is 18 years. This means that when a person turns age 18, they are no longer a minor and are considered to be a legal adult. Consequently when your child turns 18, you no longer have the legal...more

Foster Swift Collins & Smith

Importance of Durable Powers of Attorney

Foster Swift Collins & Smith on

When people decide to engage in estate planning, typically they focus on naming the beneficiaries of their estate and making sure their estate avoids probate when they pass away. In most cases, these concerns are addressed by...more

Adler Pollock & Sheehan P.C.

Estate Planning Pitfall: You’ve Overlooked Digital Assets in Your Estate Plan

Adler Pollock & Sheehan P.C. on

Traditionally, an estate plan addresses the tangible assets you own, such as cash and securities, investment real estate, vehicles, and your house. But this is 2022. Increasingly, people are living in a digital world, where...more

Chambliss, Bahner & Stophel, P.C.

You Can Just Say No: Declining to Act as an Agent Under a Power of Attorney

Chambliss, Bahner & Stophel, P.C. on

Acting as an agent under a power of attorney is a big responsibility and it isn’t something everyone can take on. It is possible to resign or refuse the position....more

Goulston & Storrs PC

Probate & Fiduciary Litigation Newsletter - December 2021

Goulston & Storrs PC on

Daughter with Power of Attorney Had Burden to Show No Undue Influence over Father - Coscia v. Sweezey, 2021 WL 4765696 (Mass App. Ct. October 13, 2021) - Does holding a power of attorney from a parent in declining...more

Winstead PC

Practical Issues Concerning Power of Attorney Transactions - Presentation

Winstead PC on

David F. Johnson presented his paper “Practical Issues Concerning Power of Attorney Transactions” to the Annual Legal Conference 2021 hosted by the Texas Bankers Association and the Southwest Association of Bank Counsel on...more

Ruder Ware

Estate Planning Considerations for Unmarried Individuals

Ruder Ware on

Estate planning is a process that must be customized to fit each individual’s unique situation.  Each individual has their own priorities and issues to address.  The priorities and issues for an unmarried individual are often...more

Ruder Ware

Add “Powers of Attorney” to Your College Student’s Back-to-School Checklist

Ruder Ware on

If you’re preparing to send a child off to college this fall, you should add two documents to your back-to-school checklist: (1) a power of attorney for health care, and (2) a durable power of attorney for finances. Without...more

Burns & Levinson LLP

Power of Attorney for My Incapacitated Parents – What Are Our Options?

Burns & Levinson LLP on

A sensitive and often complicated conversation that individuals have with their aging parents relates to protective measures in the event of the parents’ incapacity. A power of attorney and the variations of such concerning...more

Burns & Levinson LLP

Too Young for an Estate Plan? Think Again

Burns & Levinson LLP on

For young adults, the inevitable is typically not at the forefront when it comes to making future plans, precluding many from giving any thought to what may happen to their assets on death. In reality, all young adults should...more

Adler Pollock & Sheehan P.C.

Understanding the Terms of Health Care Directives

Adler Pollock & Sheehan P.C. on

Estate planning experts usually cite the need to include advance health care directives in a comprehensive estate plan. But there’s often disagreement about the legal names given to those directives and their optimal use,...more

Bowditch & Dewey

Four Basic Estate Planning Documents that Everyone Needs

Bowditch & Dewey on

Many people think they don’t need “estate planning” because they don’t have enough assets to generate an estate tax; however, there are four basic estate planning documents everyone should have regardless of net worth. 1....more

Ward and Smith, P.A.

Unpacking Your Estate Plan When Moving to North Carolina

Ward and Smith, P.A. on

If you have recently moved to North Carolina, you are not alone. According to the U.S. Census Bureau, more than 300,000 people who called North Carolina home in 2018 lived in another state the previous year. Whether your...more

Haynsworth Sinkler Boyd, P.A.

Estate Planning In The COVID-19 Era

Haynsworth Sinkler Boyd, P.A. on

In uncertain times like these, COVID-19 reminds us to be prepared for the unexpected. Do you have an estate plan in place? If so, now is the time to review those plans and make any necessary updates. If not, consider...more

Smith Debnam Narron Drake Saintsing & Myers,...

Estate Planning and North Carolina Temporary Emergency Video Notarization

Smith Debnam Narron Drake Saintsing & Myers,... on

Over the past few months, life has changed dramatically for a majority of North Carolinians. Due to the COVID-19 pandemic, the need for individuals to have estate planning documents, including a will, durable powers of...more

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