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Posts tagged "responsibility"

Avoiding responsibility when acting under a power of attorney

nevada residents may be interested in an article discussing some of the potential pitfalls when acting under a durable power of attorney for an older relative. Care must be taken when signing documents in order to avoid incurring any financial responsibility.

Careful consideration crucial when choosing powers of attorney

The process of estate planning enables Nevada residents to determine how their assets will be managed after their demise. It is not uncommon for people to focus mainly on financial matters in estate planning; however, there are other crucial aspects to attend to. Although it is not a thought often entertained, becoming mentally or physically incapacitated is a realistic possibility, and the selection of powers of attorney is essential.

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