To create a power of attorney you have to be a capable adult of sound mind. You are never under any legal obligation to create a principal—agent relationship, nor do you have to accept the offer to serve as someone’s agent.
Topics covered in this report include:
- Principals and Agents
- Attorneys in Powers of Attorney
- Types of Powers
- Using Powers of Attorney Correctly
Click here to read the whole article or download the PDF.
Timothy P. Murphy
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
Latest posts by Timothy P. Murphy (see all)
- Special Needs Planning Offers Critical Protections - January 21, 2019
- Differences Between a “Conservator” and a “Guardian” - January 19, 2019
- Who is Eligible for Veterans Aid and Attendance Benefits? - January 17, 2019
Leave a Reply
You must be logged in to post a comment.