One thing about life is certain for everyone, our days are numbered. How will your family deal with your passing? This blog is designed to provide information and answer questions about estate planning and the probate process - how it works and how to avoid it.
Friday, December 7, 2018
Estate Planning Mistakes - The Power of Attorney
This is part two of a series of articles Forbes ran about the 7 top estate planning mistakes.
Forbes: Estate Planning Mistakes Series - Part 2, The Power of Attorney
I have found this to be true - people overestimate what a power of attorney allows an agent to do. Worse yet, even if the agent is fully authorized to act on your behalf, many financial institutions simply will not honor the power of attorney unless it's their own document. It can be very frustrating.
If you're looking for solutions, I can help.
Labels:
Attorney,
Estate Planning,
Lawyer,
Living Trust,
Probate,
Will
Location:
Redding, CA, USA
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