Search Results: power of attorney.
Last week we explained what a Georgia Advance Directive for Healthcare is and why you should have one. To create a comprehensive estate plan, you need several documents. To be fully protected and have your financial wishes followed, you should also have a Durable Financial Power of Attorney. One major component of a complete estate…
Read MoreWe have spent a lot of time during the past year discussing the importance of a Power of Attorney. Because a Power of Attorney enables your agent to act on your behalf for all financial matters, it is extremely important that you choose an agent that you trust. Effectively, you are giving someone else the power to…
Read MoreWills, Trusts & Powers of Attorney Regardless of your health or age, everyone over 18 needs to complete certain legal documents to protect themselves and their family. So what documents do you need in place? Contemplating losing capacity on a permanent or temporary basis is rarely top of mind. But the possibility of an unexpected…
Read MoreOne major component of a complete estate plan is a financial Power of Attorney. Although important, the financial Power of Attorney is often misunderstood. A financial Power of Attorney is a legal document that allows you to name someone to handle your finances — taxes, bills, bank accounts, real estate sales, etc. It can help…
Read MoreAt least once a week we hear from a family member who has been told that her dad’s power of attorney has expired. In an effort to protect an account holder’s assets, many financial institutions will refuse to accept a power of attorney. They fear fraud and exploitation, so they will often create artificial…
Read MoreNo one likes thinking about their own or their loved one’s potential incapacity. Unfortunately, many of us will likely find ourselves in need of a financial agent, or someone to step into our shoes and act on our behalf for all financial matters. Almost every day I drive on I-285 here in Atlanta (one of…
Read More“No,” “Denied,” “We can’t accept that,” … These are all words our client families hear daily when presenting a General Durable Power of Attorney for Financial Matters (POA) at a financial institution. To protect an account holder’s assets, many banks will refuse to accept a power of attorney. They fear fraud and exploitation, so they…
Read More‘Tis the season! Unfortunately, it is hard to be jolly when you are concerned for your aging loved ones. Many adult children have not seen their parents in months due to the ongoing pandemic. In addition, work and family obligations paired with substantial distance makes it difficult for all of us to get together as…
Read MoreResources AdministratorA person who takes care of the business (debts and assets) of the estate of a person who is deceased and left no Will. The administrator is appointed by a court upon a petition, usually by one or more of the heirs at law of the decedent. A female administrator is called an…
Read MoreToday, due to divorce, spousal death and remarriages, blended families have become the new normal. Your new aging ”blended family” should consider specialized estate planning to avoid needless family drama and financial missteps. All families have their own unique dynamic. Combining families creates its own complex dynamic and can cause conflict. The complications of aging…
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