Power of attorney is a critical legal document every adult should have, especially during these difficult times. You might have no choice but to prepare one yourself. Here's some suggestions if ...

Stock power is a power of attorney form that transfers share ownership to a new owner. Stock power is sometimes referred to as a security power form and generally requires a signature guarantee to ...

The main reason to set up a power of attorney is to make sure your wishes are carried out when you aren’t around or able to do it yourself. This could happen for a number of reasons.

Power of attorney (POA) is a crucial legal tool that allows an individual to delegate decision-making authority to another person. Whether managing financial matters, healthcare decisions or other ...

If you have a power of attorney from your state, you should check with your financial institution to see if they will accept it. If they do not, you may need to complete their power of attorney form.

However, power of attorney is a sweeping grant of authority. Depending on how you structure this grant, a power of attorney can – in some cases – transfer money and property to themselves.

A big concern to elderly advocates in recent years has been abuse of power-of-attorney documents. The financial instruments, commonly used by senior citizens, authorize a relative or acquaintance ...

If an old power of attorney is on file with your bank or other financial institution, be sure to reach out to them, as well, and have them substitute out the superseded document. 5.

These lawyers have experience arranging power of attorney documents and understand local laws. Contact your local Area Agency on Aging for assistance finding a nearby specialist.

Ten years ago, the ULC tackled the issue of durable POAs when it released the 2006 Uniform Power of Attorney Act. Some states are adopting the UPOAA now, including my home state, Connecticut.

Together, Chapter 323 of the Laws of 2020 and Chapter 84 of the Laws of 2021 have made a number of revisions to the General Obligations Law regarding powers of attorney, and this article will ...