Month: September 2018

College Students Need A Power Of Attorney

It is that time of year, school is back in session.  Many parents and many of our clients are sending their kids to college.  At this point, something all parents should do is encourage their kids to get a power of attorney, its important.

We understand that this is not something on kid’s minds right now.  But as parents, having a power of attorney in place usually prevents you from having to go to court to get permission to act as your child’s proxy.  Which is both expensive and time consuming. A power of attorney that’s validly executed in the state in which an individual has full-time residency is usually honored across the U.S.  But if a child attends school out of state, we recommend having your attorney contact an attorney where the school is located to confirm this.

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Cleaning Up Your Estate Plan

We write our estate plans to stand the test of time. We include clauses that cover digital life, pets and even heirs and beneficiaries that haven’t been born yet. If you never looked at your estate plan again, you would still be protected.

But it never hurts to look at it again and update it.

First let’s review what an estate plan is. An estate plan is a group of different legal documents that work together to protect you in case anything should happen.  There is a Power of Attorney if you become incapacitated, and a Healthcare Directive, for your end-of-life decision, plus much more.

The whole plan works together. If one piece is out of date, you should review the whole plan and update any part that may be out-of-date or no longer reflect your wishes.

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