New articles regarding Power of Attorney I am pretty sure that many of our relatives have executed a durable power of attorney to handle his/her financial matters in case of the maker become incapacitated. With current trend, most of the big bank such as Wells Fargo or Ameriprise won't honor the durable power of attorney executed by your relative. They want the account holders to use their own form. Many people being shock by this practice since the date they know this become too late for their relative since he/she may has developed dementia or some kind of mental incapacitated. Read the full article here: http://www.nytimes.com/2016/05/10/health/finding-out-your-power-of-attorney-is-powerless.html
Why Hiring a Professional to Assist in Your Estate Planning is Worth the Cost
Written by: Sally A. Clark -LDA with DP Legal Solutions June 4, 2018 When the important time comes to make decisions about planning for the future of your estate it shouldn’t come as a surprise that having professional assistance will save you money, and will also assist in making sure that there are no issues that could potentially come to bite your family down the road. Cost is always a potential factor in making a legal decision, but what should also be included is the time and effort it’s going to take to ensure that the process is done right and the peace of mind that comes from the certainty that your wishes will be carried out. While it may seem be cheaper to purchase a packet of documents at your local office store, or use some sort of online tools, in the long run, it could cost you hundreds, to hundreds of thousands of dollars depending on if there were any errors or mistakes made. Therefore the simple answer as to why you would NOT want to do your estate planning you
Comments
Post a Comment