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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Tag Archives for: "durable power of attorney"
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 How Can I Avoid Durable Power of Attorney Abuse?
0
By Harry Margolis
In Durable Powers of Attorney
Posted November 25, 2022

How Can I Avoid Durable Power of Attorney Abuse?

Question: I’m nervous appointing someone on my durable power of attorney since I understand it gives them complete power over my finances and legal matters. What can I do to make sure my [...]

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 Must My Mother Sign a New Will When She Moves to a New State?
0
By Harry Margolis
In Durable Powers of Attorney, Health Care Directives, Wills
Posted October 18, 2022

Must My Mother Sign a New Will When She Moves to a New State?

Question: My mother is 88 and had a will drawn up in 1991 when she lived in Oregon. The beneficiaries (my brother and I, 50/50 split) have not changed, and the designated representative (me) has [...]

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 Can I Add My Son to My Bank Account Using His Durable Power of Attorney?
0
By Harry Margolis
In Durable Powers of Attorney
Posted November 5, 2021

Can I Add My Son to My Bank Account Using His Durable Power of Attorney?

Question: My son is incarcerated. He sent me a Durable Power of Attorney from the Texas prison system to take care of his affairs. He does not have a bank account. He has an IRS check and a [...]

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 How Much Should I Pay My Durable Power of Attorney Agent?
0
By Harry Margolis
In Durable Powers of Attorney
Posted August 16, 2021

How Much Should I Pay My Durable Power of Attorney Agent?

Question: I’m planning to appoint an estate lawyer as my durable power of attorney for finances, since I don’t have a relative or friend who could fill the position. I’d like [...]

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 How Can Medicaid Lien Be Removed from House of Nursing Home Resident?
0
By Harry Margolis
In Long-Term Care Planning
Posted January 30, 2021

How Can Medicaid Lien Be Removed from House of Nursing Home Resident?

Question: My neighbor’s wife has been in a nursing home for about 10 years. He is wanting to sell his house and move out of state to be with his kids (yes, I’m considering buying it). [...]

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 5 Steps to Take When Bank Won’t Honor Power of Attorney
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By Harry Margolis
In Durable Powers of Attorney
Posted January 14, 2021

5 Steps to Take When Bank Won’t Honor Power of Attorney

Question: I have a POA that was drawn up by my brother’s attorney last month. I am trying to get access to his bank account at a credit union. The credit union has denied me any access [...]

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 Should You Name a Bank as your Durable Power of Attorney Agent?
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By Harry Margolis
In Durable Powers of Attorney, Trustee
Posted November 8, 2020

Should You Name a Bank as your Durable Power of Attorney Agent?

Question: Should your trustees on your revocable trust be the same people as those named on your durable power of attorney? Do you recommend bank trust departments for powers of attorney? [...]

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 What Language in a Durable Power of Attorney Permits an Agent to Make Gifts to Himself?
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By Harry Margolis
In Durable Powers of Attorney
Posted August 5, 2020

What Language in a Durable Power of Attorney Permits an Agent to Make Gifts to Himself?

Question: My durable power of attorney has the phrase: “it shall not be deemed to be self-dealing on the part of my attorney-in-fact herein to make gifts, transfers or dispositions to or [...]

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 Do You Need a Durable Power of Attorney If You Have a Revocable Trust with a Successor Trustee?
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By Harry Margolis
In Durable Powers of Attorney, Revocable Trusts
Posted May 15, 2020

Do You Need a Durable Power of Attorney If You Have a Revocable Trust with a Successor Trustee?

Question: Would successor trustee powers for financial and health management on incapacitation of primary trustee in a revocable trust obviate the need for a springing power of attorney when the [...]

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 Can Guardian Appoint Himself Under Durable Power of Attorney for Ward?
0
By Harry Margolis
In Durable Powers of Attorney, Real Estate
Posted May 12, 2020

Can Guardian Appoint Himself Under Durable Power of Attorney for Ward?

Question: Can a legal guardian of an elderly parent still appoint himself as a durable power of attorney to sell a property without a court’s permission? Then withdraw the guardianship [...]

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  • Asset Protection (34)
  • Charitable Giving (10)
  • Durable Powers of Attorney (43)
  • Estate and Gift Taxes (55)
  • Guardianship and Conservatorship (5)
  • Health Care Directives (13)
  • Irrevocable Trusts (49)
  • Long-Term Care Planning (170)
  • Non-Traditional Families (16)
  • Non-US Citizens (23)
  • Pets (3)
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  • Probate (37)
  • Property in Other Countries (4)
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  • Retirement Plans (19)
  • Revocable Trusts (98)
  • Second Marriages (11)
  • Social Security (18)
  • Special Needs Planning (69)
  • Trustee (52)
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