Tag Archives: power of attorney
A power of attorney is a legal document in which the principal appoints someone they trust as an agent to make decisions and act on their behalf. The agent does not have to be an attorney, but a lawyer should draft the power of attorney documents because there are many different types of powers of […]
Parkinson’s, Alzheimer’s and other diseases and disorders that cause dementia or memory loss are becoming more common among our aging adult population. While any form of cognitive decline is devastating for everyone involved, dementia presents extraordinary concerns for the individual affected and his or her family when making healthcare decisions, drafting a will and managing […]
No matter what your age or life stage, putting a comprehensive estate plan in place is the best way to maximize your hard-earned savings and protect the future of your loved ones.
Shortly after Elizabeth and her husband Glenn celebrated their 45th wedding anniversary, she was diagnosed with Alzheimer’s disease. Glenn described the changes he saw in Elizabeth before her diagnosis, “I’d noticed changes three or four years before she was diagnosed, but it’s hard to pin down when exactly it started because it began so subtly… it was just the little things here and there at first.”
Estate planning can be a very private and personal matter and as a result, many family members are not made aware of the personal wishes of their loved ones until it is too late to plan. Often times, grandparents and parents are averse to discussing such issues which leaves children and grandchildren unaware of pertinent details.
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 […]
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 […]
In the previous posts, the different approaches to elder law were discussed. The most advantageous approach, the proactive approach, includes the preparation of several important documents. Foremost, among those documents, are Powers of Attorney. In the Commonwealth of Pennsylvania, the law provides for two types of powers of attorney: Financial Powers of Attorney; and Health […]
As discussed in an earlier post, more and more families are facing difficult legal and financial issues affecting their aging family members. Fortunately, elder law attorneys have focused their legal practice to specifically serve seniors and their families facing these challenges. Typically, there are two ways to approach the legal hurdles of seniors today. The […]
With the increase in life expectancy and breakthrough advances in technology and medicine, people are confronting difficult legal and financial challenges in securing long-term care, protecting their assets, and making life altering healthcare decisions. All too often, these legal obstacles leave people feeling overwhelmed and helpless. As the regulations surrounding the growing population continue to […]