Life can be unpredictable, and many older Americans often lack the necessary legal documents that designate trusted loved ones to make decisions for them when they are unable to do so. Typically, family caregivers take on the responsibility of managing medical and financial matters for you, and having the right legal documents in place will […]
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Having the power of attorney conversation can be tough. Meet Charlie, a 72-year-old Vietnam veteran. All of Charlie’s life, he’s done everything on his own and rarely accepts help from others, even more rarely will you find him admitting he needs help. He is stubborn as a mule and strong in his convictions, chiefly of
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Claiming Guardianship of an Elderly Parent When most people think of guardianship, they picture a child under the care of a trusted adult. But guardianship can also apply to elderly parents who can no longer safely care for themselves or make sound decisions. Taking guardianship of a parent is a serious step. It removes some
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Understanding Co-Agents – Should You Name Both Children as Power of Attorney? It’s common for parents to struggle with this question: “I can’t decide which of my two children should be my Power of Attorney (POA) agent. Can’t I just name them both and make them co-agents?” The short answer: Yes, you can — but
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What to Know When Appointing a Power of Attorney A power of attorney (POA) is one of the most important tools in your estate planning toolkit. It allows you to legally authorize someone you trust — known as your agent or attorney-in-fact — to act on your behalf if you become incapacitated or simply need
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