Many states, including North Carolina, allow people to execute certain legal documents called Powers Attorney. In a Power of Attorney, a person, called the Principal, can appoint other trusted ...
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?
Imagine that tomorrow you suddenly become severely ill or incapacitated. Who would take care of your finances? How would they do it? If you don’t have a durable power of attorney, others -- even your ...
The durable power of attorney is one of the most effective and important planning tools for medical care and estate planning, since it enables a person (the principal) to delegate certain powers to ...
Dear Mr. Premack: My father is agent in the durable power of attorney for my aunt who is now incapacitated with severe Alzheimer’s. He is putting his affairs in order and wants to transfer his rights ...
A medical power of attorney is a legal assignment that gives someone the authority to make medical decisions on your behalf if you are incapacitated. By definition, you must make this a durable power ...
What Is Durable Power of Attorney for Finances? A durable power of attorney for finances is a legal document that authorizes another person to manage the principal's financial affairs, including ...
Forbes contributors publish independent expert analyses and insights. Christine Fletcher writes about managing trusts and estates. Many people are taking time during COVID-19 to update their power of ...
A milestone for any parent occurs when their child turns 18. At this time of year, the 18-year-old may be anxiously awaiting a college admissions decision or otherwise deciding what the child's next ...
Advice offered by Marc Hebert, president of The Harbor Group Inc.,a certified financial planner. If you have any questions about finance or if you'd like to suggest a future topic, email webstaff@wmur ...