Estate Planning as a Career

What if I already have a power of attorney? How will the financial directive help me still? A boilerplate power of attorney is intended to give your agent general powers. A Financial Directive has very specific powers granted by the Principal (you) to the Agent, as for example but NOT all inclusive:

1. Collection powers to forgive, request, demand, sue for, recover, collect, receive, hold all such sums of money debts, dues, commercial paper, checks, drafts, accounts, depo (more…)

A Will is a legal document outlining a persons final wishes for distributing their property post-mortem. A Will Contest is a type of litigation stating there is a disagreement with the current Will, and must go through Probate Court to be resolved. Watching the Anna Nicole Smith or James Brown court proceedings it is evident that a Will Contest is a lengthy and expensive process, so it is important to understand the necessary components before filing. It is advisable to hire an (more…)