While many designate their oldest child as exeucutor, trustee, or Power of Attorney, it is better to select agents in accordance with their expertise and ability to manage those duties.
power of attorney
What is an Advance Directive?
Kevin stands at the door of Winnie’s nursing home room, tears streaming down his face. The medical staff just finished inserted a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her wishes due to advanced dementia,...
The Importance of Planning for the Unexpected
By Cara M. Chittenden The sudden rise of the coronavirus, COVID-19, has left many unprepared and confused. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when something like...
Fair Compensation for Power of Attorney Agents
Many people wonder if they are entitled to be paid for serving as an agent under a Power of Attorney. Generally, an agent is entitled to reasonable compensation, but as AgingCare.com clarifies, “Regardless of how much time and effort has been spent by the POA… the...