When it comes to making important decisions on behalf of an elderly adult, guardianship and power of attorney are two options that are commonly discussed. Guardianship is a court-appointed role that grants an individual the legal right to make decisions on behalf of...
When selecting a person that will carry out the wishes outlined in your power of attorney, it is important to choose wisely. There are no qualification guidelines to follow when choosing this agent. However, finding a trusted person is key when selecting someone to...
Estate planning can be a problematic and multi-faceted undertaking. It requires an individual to make a number of difficult decisions regarding their finances as well as their future health care needs. Every individual situation is unique, and there is no...
Many people are familiar with the term power of attorney, but it's important to note that there are different kinds of powers of attorney. Those who are familiar with medical power of attorney may also think that this only applies to older individuals. That is not the...
There may be a time when you will have to pay the bills or make medical decisions on behalf of a sick loved one. Having a POA offers the ability to do those things, but the POA must be valid to be put into effect. It may be an easier process and ensure the validity...
Power of attorney is a sound way to manage estate planning. It gives persons or entities the authority to act on your behalf when you are legally unable to make decisions for yourself. The arrangement is set up in the event you're mentally or physically incapable of...
During the sunset years, your health becomes unpredictable. The risk of developing dementia and other incapacitating health conditions increases as the years tick away. If you haven't granted a power of attorney to someone yet, it's crucial to do so now. Nominating a...
As you begin planning your estate, you may have several concerns about your future. One notable issue for many people, especially as they move into their senior years, is who to assign power of attorney. As you're preparing to make this vital decision, it's essential...
On December 15, 2020, New York Governor Andrew Cuomo signed the Advanced Power of Attorney Bill into law. Sponsored by Senator Brad Holyman and Assemblywoman Helene Weinstein, the law resolves issues with the old law, making the power of attorney a more helpful...
There are many tasks that people in New York need to complete each day. People also need to plan for future events that they expect to occur or there is a potential of occurring. This is true for death as well. It is inevitable that everyone will pass away at some...
