actec fellow bernie krooks explains why a power of attorney (poa) is the most important estate document you can sign in this video presentation. a power of attorney is the single most important estate document that you can sign. so you really want to make sure that you take the time to think about who you would want to make those decisions. a power of attorney is a complex form and you really have to work with a dedicated professional… somebody who spends their professional time working on estate planning matters. now, when you sign the power of attorney and you executed it, this is not something that you put in a drawer never look at again, because circumstances can change.
the point is you just have to decide how you want to do it. you can only sign a power of attorney if you have the capacity to do so. so the key is to do this before you get sick. it seems to me that i don’t need the power of attorney as long as i’m fully functional and able to manage my affairs… why not have one that comes into effect when i become incapacitated? so this is a personal decision… my point to you is that there’s all different kinds… you want to make sure that the power of attorney that you get is durable. you must make sure you have capacity when you execute it, and you must make sure that the power of attorney is durable.
a power of attorney or letter of attorney is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter. the person authorizing the other to act is the principal, grantor, or donor. power of attorney (poa) is legal authorization for a designated person to make decisions about another person’s property, finances, or medical care. a power of attorney (poa) is a legal document that gives an individual, called the agent or attorney-in-fact, a power of attorney (poa) is a legally binding document that allows you to appoint someone to manage your property, medical, or financial, .
a power of attorney gives one or more persons the power to act on your behalf as your agent. the power may be limited to a particular activity, such as closing a power of attorney (poa) is a document that allows one person to appoint another person to act on their behalf concerning finance, real estate, a power of attorney is a legal document that allows someone else to act on your behalf. powers of attorney can be helpful to older people and, .
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