Instead of waiting until it is too late, sit down and decide to compose your very own power of attorney. You can not only save yourself a lot of hardship in the future if ever something immobilizing was to happen to you, but you will also be protecting your finances and assets by putting someone […]
Widerman Malek Law Blog
How Power of Attorney Works
Oftentimes as people begin to age, their mental capacity starts to hinder their decision making skills. This is just a natural occurrence that we all have to face at some point, but what happens when there is money, property, bills, and medical treatment involved? Aging is not the only times when a Power of Attorney […]
Does My Spouse Need a Power of Attorney?
There are many reasons for a spouse to have power of attorney. The rights awarded to a spouse on the basis of the legal contract of marriage is more limited than you might think. A power of attorney will grant the spouse the authority to make decisions in the event the other spouse is unable […]
Do You Need A Power of Attorney for Estate Planning?
Planning your estate is one of the best ways you can protect all you have and continue to work for. It not only makes the process of handling assets easier when it is your time to go, it also takes care of issues that may come up in the event you are incapacitated. According to […]
Which Type of Power of Attorney is Right For Your Legal Situation?
If you make decisions for yourself and are over the age of 17, you need a power of attorney established. There are many different types and choosing the right one can simply be a matter of what your needs are at the moment or foreseeable future. Even young adults may still need to name their […]
IS MY POWER OF ATTORNEY STILL VALID?
Many people consider the importance of a will as part of their estate plan but never stop to consider the need for a valid Power of Attorney. A power of attorney is a legal document that allows you to choose another person (agent) to transact on your behalf. It is considered wise to also choose […]
Elements of Probate Law
Probate law might seem to be simple when you look at it superficially but as is the case with all branches of law there is a lot more to it when you dig deeper into its principles. This is the reason why there are lawyers who specialize only in this particular branch of law. In […]
What’s the Process for Making Changes to a Will?
Life changes, we all know that. What you set forth in your will when you first arrange it may not still be what you want down the road. People leave your life for various reasons; assets change; and needs adjust. Your last will and testament is not set in stone the minute that you make […]
What is Formal Administration?
When a loved one passes and they have left behind adequate assets that go above and beyond the expenses of their funeral and burial, formal administration of their assets may be necessary. This of course can be avoided if they have a will or trust that names specific beneficiaries or there is joint ownership of […]
How to override a Power of Attorney in Florida
What is Power of Attorney? A power of attorney grants the right to a person or persons to act on behalf of another. In many cases the authorities provided by such a document are abused or mishandled. To put it as simply as possible, under the new Durable Powers of Attorney Act, it is very […]