Personal Affairs Help Guides and Resources | Page 4

Personal Affairs Help Guides

How to Select an Attorney-In-Fact

Who is an Attorney-In-Fact? One of the more important decisions an individual will have to make is the choice of who they will choose to represent their interests in certain fiduciary matters that they cannot act upon themselves. When it comes......

Does a Power of Attorney Expire?

Different Forms of a Power of Attorney A durable power of attorney is a legal document that authorizes an agent to legally conduct the affairs of the individual who signed the power of attorney. There are different forms of power of attorney,......

Setting Up Advance Directives

An advance directive explains your wishes in the event that you can no longer make decisions yourself due to incapacity or illness. Similar to a medical power of attorney or a living will, advance directives are designed to give guidance to......

Why Should I Have a Power of Attorney?

A power of attorney is a legal document that allows an individual to appoint another person or entity to act on their behalf to administer their affairs. The person who forms the power of attorney is known as the principal and the person......

Power of Attorney Basics and Requirements

Power of Attorney: Definitions The current laws regarding power of attorney were established in 2006 when the Uniform Power of Attorney Act was implemented. This basically ensured that there would be a uniform standard for power of attorney......

Caregivers and the Power of Attorney

The Role of Caregivers It is a fact of life that it becomes more and more difficult for individuals to manage their own affairs as they get older. For many people, taking on the role of a caregiver for an ageing loved one is a stark reality......

Do You Need a Financial Power of Attorney?

A financial power of attorney is an important consideration for any individual who has substantial assets or real estate investments. The financial power of attorney has the features of a durable power of attorney, but it grants authority only......

4 Different Types of Healthcare Directives

Healthcare directives are utilized by individuals to inform medical professionals how important decisions are to be made when the individual is unable to communicate those decisions themselves. Healthcare directives enable people to......

Respite Care and the Power of Attorney

The Responsibility of a Caregiver Becoming a caregiver for an elderly relative or parent is a huge responsibility that requires an investment of time and patience. Caregivers often find themselves in a situation where they must provide......

4 Useful Tools for Estate Planning

The Value of Proper Estate Planning Many individuals do not consider proper estate planning as a viable option because they believe that their net worth is not high enough or they do not have sufficient property or assets to merit......