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Estate Planning › Durable Power of Attorney

Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the... more +
Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process.  less -
Stotler Hayes Group, LLC

The Power of a POA: Why We Must Keep Spreading the Word

Stotler Hayes Group, LLC on

As attorneys, we all understand the critical importance of appointing a legal agent to manage financial decisions in the event of incapacity. Most of us have our own Powers of Attorney in place—and likely for our parents as...more

Conn Kavanaugh

The Importance of Estate Planning for Families

Conn Kavanaugh on

Everyone should have an estate plan. Your estate plan is the roadmap in a crisis, providing guidance to loved ones on how to proceed and ensuring your wishes and goals are met. For those with young children or children with...more

Ward and Smith, P.A.

Why Wait? – Estate Planning for Young Families

Ward and Smith, P.A. on

Especially in the beginning stages of building a family, legal documentation is not often top of mind. However, for young families, establishing a comprehensive estate plan is an important and proactive step toward...more

Morris James LLP

Before They Go: Two Essential Legal Documents Every Parent Should Consider Before Their Child Heads Off to College

Morris James LLP on

As your child enters adulthood and embarks on their journey to college, there are many tasks to consider. Among the excitement of packing lists and dorm room must-haves, legal, financial and medical authorities are important...more

Bowditch & Dewey

Estate Planning Considerations for Individuals Using IVF with Cryopreserved Embryos

Bowditch & Dewey on

The use of Assisted Reproductive Technologies (“ART”) is becoming more and more common, and those utilizing ART may have additional considerations when creating or updating their estate plan. This blog will focus specifically...more

Offit Kurman

Protecting Your Family and Future: Essential Estate Planning for the LGBTQ+ Family

Offit Kurman on

Estate planning is a critical part of securing the future for any family, and for LGBTQ+ individuals, it is particularly important given the legal complexities and challenges that may arise in the current political climate....more

Adler Pollock & Sheehan P.C.

Financial Power of Attorney -To Spring or Not to Spring?

Adler Pollock & Sheehan P.C. on

A financial power of attorney (POA) can be a critical component of your estate plan. It appoints a trusted representative (often called an agent) to make financial decisions on your behalf in the event you’re unable to do so....more

Foster Swift Collins & Smith

Legal-Ease: What Happens to Assets If I Do No Estate Planning at All?

Foster Swift Collins & Smith on

Dear Jonathan: Based on my research, I feel like I’m pretty well versed in what I am supposed to do when it comes to creating an estate plan for myself. Everything I have read says that I should have a will, powers of...more

Warner Norcross + Judd

Is Your Family’s Planning Actually Ready for an Unexpected Incapacity or Death? Stress Testing Your Estate Planning – Step 1

Warner Norcross + Judd on

Many families are confident that they have made the necessary preparations to transition their wealth, businesses, foundation and family office to the next generation ... someday, when the time is right. We know that some...more

Lippes Mathias LLP

Three Essential Estate Planning Documents Everyone Needs

Lippes Mathias LLP on

A complete estate plan includes essential documents such as a Health Care Proxy, Living Will, Power of Attorney, and Last Will & Testament, which are vital in protecting your medical, legal, and financial decisions. These...more

Warner Norcross + Judd

Do the Young Adults in Your Family Have Estate Planning Documents?

Warner Norcross + Judd on

This week is National Estate Planning Awareness Week, which is designated by Congress to educate people about the importance of estate planning. Additionally, it serves as a nice annual reminder to review your estate planning...more

Fleurinord Law PLLC

The Wendy Williams Guardianship Saga and Why a Pre-Need Declaration is Essential

Fleurinord Law PLLC on

Wendy Williams, the famous talk show host, has long been a media fixture, but in recent years, her name has been associated with a highly publicized guardianship battle. This case underscores the importance of estate planning...more

Schwabe, Williamson & Wyatt PC

The Grad Pack: Estate Planning for Newly-Minted Adults

Schwabe, Williamson & Wyatt PC on

Did you know that as soon as your child turns 18, you lose automatic access to their health, school, and financial information? When a child turns 18 and becomes a legal adult, it’s a momentous occasion—filled with...more

Amundsen Davis LLC

Planning for the Future: Managing Your Healthcare with Advance Directives

Amundsen Davis LLC on

A comprehensive estate plan provides how your estate is handled in the event of death or incapacitation. It also establishes your desires for how medical and life-sustaining treatments are communicated and administered. ...more

Lasher Holzapfel Sperry & Ebberson PLLC

Durable Power of Attorney – One of Your Most Important Estate Planning Documents

Lasher Holzapfel Sperry & Ebberson PLLC on

We all make important decisions and engage in regular financial transactions without giving a second thought about our capacity to do so. But what if you suddenly lost the ability? What would happen? While most of us don’t...more

Foster Swift Collins & Smith

Legal-Ease: What Happens to a Family Member's Bank Account After Death?

Foster Swift Collins & Smith on

Dear Jonathan: My father, a widower, passed away a couple of months ago. Being his only child, he appointed me as his agent on his durable power of attorney so that I can handle his bill paying which I have been doing for the...more

Foster Swift Collins & Smith

Legal-Ease: What are my Responsibilities as Fiduciary of an Estate?

Foster Swift Collins & Smith on

Dear Jonathan: My parents just updated their estate plan and told me that they named me in their wills, their trust and their financial and health care durable powers of attorney to act for them when they can no longer act...more

Warner Norcross + Judd

Michigan’s New Uniform Power of Attorney Act Effective July 1

Warner Norcross + Judd on

Michigan’s new Uniform Power of Attorney Act (UPOAA) becomes effective on July 1, 2024. This law serves several purposes, which include preventing financial exploitation of vulnerable individuals and making standard power of...more

Amundsen Davis LLC

Estate Planning for Young Adults: Essential Documents as Your Child Heads to College

Amundsen Davis LLC on

As your child approaches their milestone 18th birthday, it's crucial to understand the changes and responsibilities that accompany reaching the age of majority in the eyes of the law. This moment marks their transition into...more

Ward and Smith, P.A.

Easing the Burden: The Gift of Planning for Incapacity

Ward and Smith, P.A. on

Normal aging can be challenging, but caring for an aging family member with dementia is particularly difficult.  Over the years, we have often seen caregivers suffer from exhaustion, compromising their mental and physical...more

Warner Norcross + Judd

Trial Win for Warner Clients in Dispute Over Decedent’s Assets

Warner Norcross + Judd on

Trial attorney David Skidmore from Warner Norcross + Judd LLP’s Probate Litigation Practice Group, a subgroup of the firm’s Litigation and Dispute Resolution Practice Group, recently represented clients in a trial before the...more

Lasher Holzapfel Sperry & Ebberson PLLC

Back to School – Estate Planning for College Students

Lasher Holzapfel Sperry & Ebberson PLLC on

As college students prepare to move into campus housing and attend orientation, estate planning is likely the last thing on their mind. However, when a person turns 18, health care decisions and managing financial matters no...more

Chambliss, Bahner & Stophel, P.C.

What Does Having Power of Attorney With Dual Agents Mean?

Chambliss, Bahner & Stophel, P.C. on

A power of attorney is among one of the most important incapacity planning documents you can have. It designates someone you trust with taking care of your affairs if you become unable to do so....more

Morgan Lewis

Estate Planning: Considerations for Young Adult Children

Morgan Lewis on

While they may still be under the care of their parents, college-aged or other young adult children should have certain legal documents in place in case of emergency or incapacitation, as well as to ensure prudent management...more

Ward and Smith, P.A.

How an Estate Plan Can Protect Against Financial Exploitation

Ward and Smith, P.A. on

I suspect that many of you, like me, have deleted an email from a friend that says he is away on a trip and needs you to wire him money.  According to experts, despite increased phishing emails and robocalls, it is far...more

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