For most people, the durable power of attorney is the most important estate planning instrument available—even more useful than a will. A power of attorney allows a person you appoint—your “attorney-in-fact” or “agent”—to act in place of you—the “principal”—for financial purposes when and if you ever become incapacitated. In that case, the person you choose Read more about The Durable Power of Attorney[…]
Just as we create estate plans for our eventual demise, we also need to plan ahead for the possibility that we will become sick and unable to make our own medical decisions. Medical science has created many miracles, among them the technology to keep patients alive longer, sometimes indefinitely. As a result of many well-publicized Read more about End-of-Life Care Decision Making[…]
A reverse mortgage can be a great tool in the right circumstances, but if you aren’t careful you could end up losing your home. A recent front-page article in the New York Times lays out some of the problems homeowners are encountering with these mortgages. You must be 62 years or older to qualify for Read more about A Reverse Mortgage Could Cause You to Lose Your Home[…]