What is a Power of Attorney?

What is a Power of Attorney?

A power of attorney for finance is essential to a comprehensive estate plan. So, what is it, and why is it important? As with the agent for healthcare, the trustee, and the executor, the agent under a power of attorney acts as a fiduciary. This is someone authorized...
What is a HIPAA Authorization?

What is a HIPAA Authorization?

In 1996, the United States Congress enacted the Federal Health Insurance Portability and Accountability Act (HIPAA). Its purpose was to provide guidelines for protecting patient information and privacy. HIPAA provides healthcare professionals with consistent and...
What is Probate?

What is Probate?

Probate is the court-supervised process for distributing a deceased person’s assets, including their money and property. The operative words are “court-supervised.”  There are pros and cons to probate. While lawyers often focus on probate’s negative...
What is Intestate Succession?

What is Intestate Succession?

Having an estate plan is a smart idea for several reasons. One reason is that YOU get to decide what happens to your money and property when you die. Without a plan, the state where you live determines how your assets are distributed. And you might not like the...
What is Incapacity?

What is Incapacity?

While you are alive and competent, you should plan for incapacity. It is an essential part of an estate plan and the estate planning process. When possible, court proceedings for guardianship and conservatorship should be avoided. Here is why Patty is single and...

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