Should I Establish a Power of Attorney in Case I Get COVID?
Due to the threat of COVID-19, many people are considering what will happen to them and their families if they contract the virus. Unfortunately, severe cases may leave a person incapacitated and unable to make important decisions for themselves. If you are worried for the future, one important estate planning tool at your disposal is a Power of Attorney. This…
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Estate Planning Basics, Part 5: Durable Powers of Attorney
Not all estate planning is in anticipation of death. Powers of Attorney allow people to also plan for their own incapacitation. Generally, Powers of Attorney come in two forms: the General/Durable Power of Attorney, and the Healthcare Power of Attorney. For the purposes of this post, I’ll be discussing only the Durable Power of Attorney. StephensonLaw has a preference for…
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