A power of attorney steps in to make decisions for you in the event you become incapacitated and unable to make sound decisions for yourself. Choosing the right power of attorney is not always easy. Here are a few qualities to look for in making this important...
Powers Of Attorney
Understanding medical and financial powers of attorney
If you want to use a power of attorney as part of your estate plan, there are two different types you can consider. The first is medical and the second is financial. Be sure you know how both work. A medical power of attorney Making medical decisions is important,...
Possible responsibilities for financial powers of attorney
While managing the financial affairs of someone who is no longer capable of making the necessary decisions can be a stressful task, it might be less intimidating with proper planning. Individuals who prepare for the unexpected outcomes of life with estate planning...
Designating a power of attorney
Individuals in Nevada and across the nation may encounter a variety of topics to address and decisions to make while attempting to create a strategy for the future. While planning for the unknown, individuals may come across the option to designate another party to...
Protecting one’s interests with a health care power of attorney
A medical emergency can occur at any given moment and in some cases, a person's condition may render him or her incapable of making the necessary decisions. Those who wish to prepare for the unimaginable may find that having a health care power of attorney in place...
The duty to account in a power of attorney designation
A person in Nevada who is creating an estate plan may want to include a power of attorney that gives someone the ability to take over financial transactions and decision-making if the person becomes incapacitated. Most people who have power of attorney understand that...
Tips for revising an estate plan throughout a person’s life
Some people in Nevada may think they do not need an estate plan because they are too young or have few assets, but adults of every age could benefit from having one. Over the years, needs vary, and people may need to revise the documents.A person who is still in...
Powers of attorney serve important estate planning functions
The importance of various powers of attorney cannot be overlooked when a Nevada resident undertakes the task of creating an estate plan. Almost everyone is familiar with what a will can accomplish, and many people have a general notion of the benefits of a trust, but...
Health care estate planning for young adults
Most college students in Nevada and around the country spend very little time thinking about estate planning, but many of the documents found in a comprehensive estate plan can be of great value even to the young and healthy. After all, college students are adults who...
Powers of attorney important in an estate plan
Many people in Las Vegas want to make sure that their affairs are in order in case of a sudden emergency or unexpected incapacity. However, it may not always be clear what types of safeguards are necessary in order for people to achieve their goals. For example, many...