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Monthly Archives: February 2014

When Does a Power of Attorney Become Effective and When Does it Terminate?

In recent posts, considerable time has been spent discussing the importance of a power of attorney. At this point, many of you might be asking several questions. When does a power of attorney become effective? When does it terminate? Can the principal modify the power of attorney? The important matter to keep in mind here […]

Selecting an Agent Under a Financial Power of Attorney

In the last post, the importance and nature of the power of attorney was highlighted. The principal gives the legal authority to the agent to make decisions on his or her behalf. This post focuses on selecting the agent. Make no mistake about it; selecting an agent is a very serious matter. After all, you […]