If you have been appointed as an attorney under a Power of Attorney (“POA”) and have accepted that appointment, there are many obligations and responsibilities you need to assume. As an attorney, you have a fiduciary obligation to the person who has appointed you to act on their behalf (the “Donor”). This means that every[…]
Read MoreBeing appointed as attorney under a power of attorney is an important responsibility. The attorney is entrusted to access and manage the financial assets of the person who has appointed them (the “Donor”). In handling the Donor’s property, an attorney is required to act in the best interests of the Donor. This duty is often[…]
Read MoreIn our previous post we discussed differences between Powers of Attorney and Personal Directives. We indicated that these documents are just as important as a will. Because a will is a legal document that comes into force when you die, you yourself will not experience the benefit of the planning you put into your will. […]
Read MoreWe often hear about the importance of having a will to direct how we want our property to be distributed when we die. However, it is just as important to provide instructions on how we want our affairs to be managed if we become incapacitated during our lifetime. Decisions relating to finances and healthcare can[…]
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