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Donnera - French for Will offers resources and information on estates, executor, laws, lawyers, living trust, power of attorney, probate, property, separation, settlement, trustee, wills.
Power Of Attorney - General Power Of Attorney: The Basics
A power of attorney is a legal document You use it to give someone the power to act for you
Tips On Power Of Attorney: How To Choose The Best Type For Your Situation
There's not just one kind of Power of Attorney, and you need to make sure that you choose the right kind After all, conferring Power of Attorney means that someone will be able to act on your behalf on health decisions and financial matters, making decisions for you when you're unable
Different Types of Power of Attorney
Although power of attorney is essentially handing control of your affairs over to another person, there are different uses of the position which vary depending on the situation These largely depend on the reason behind power of attorney being transferred from the 'principal', the individual who wishes to relinquish control of their affairs, and the 'attorney-at-fact', the person who takes control of the principal's business and legal dealings
Avoiding Estate Probate With a Living Trust
We have all heard the horror stories of probate In fact, most infamously, the estate of the late Elvis Presley was significantly reduced in value to probate taxation
What Happens if You Forget to Put Title to an Asset into Your Revocable Living Trust?
Previously, we discussed the problems that arise if
you fail to place title to your assets into the name
of your revocable living trust.In one article, I shared the problem of the widow.
Using Revocable Living Trusts to Avoid Probate
The probate process can be time-consuming and expensive. Although is generally impossible to avoid probate once the decedent has died, probate costs can generally be avoided with proper estate planning prior to death.
Why You Need a Durable Power of Attorney Now!
Planning for unfortunate events such as serious illness or injury is rarely on anyone's list of favorite pastimes. Sometimes, though, enduring the small discomfort that may accompany preparing for the unexpected will avoid untold anguish on the part of your family and friends.
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