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A financial power of attorney is a legal document that grants an individual (the agent) the authority to manage the financial matters of another person (the principal). ... potential attorney-in ...
“Selecting the right individual to act as your power of attorney is crucial,” said Justin Stivers, financial advisor and founding attorney at Stivers Law. “This should be someone you trust ...
A power of attorney may be: special (also called limited), general, or temporary. A special power of attorney is one that is limited to a specified act or type of act. A general power of attorney is one that allows the agent to make all personal and business decisions [9] [10] A temporary power of attorney is one with a limited time frame. [11]
An estate plan typically includes your will plus other important documents like powers of attorney for healthcare and finances, living wills that specify your medical care preferences and possibly ...
Wishes 1 and 2 are both legal documents. Once signed, they meet the legal requirements for an advance directive in the states listed below.Wishes 3, 4, and 5 are unique to Five Wishes, in that they address matters of comfort care, spirituality, forgiveness, and final wishes.
If there is a durable power of attorney for health care, the agent appointed by that document is authorized to make health care decisions within the scope of authority granted by the document. If people have court-appointed guardians with authority to make health care decisions, the guardian is the authorized surrogate. [1]
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