Jensen Estate Law
Mapping the Terrain: Recognizing Incapacity and Enacting Powers of Attorney
Navigating the challenging landscape of incapacitation can be daunting, especially when the task of managing healthcare and finances falls onto you. How do you definitively know if someone is incapacitated? When do you implement the powers of attorney? This guide provides clear insights, practical examples, and expert advice, illuminating the path you need to tread. Equip yourself with the knowledge you need to uphold the dignity and respect of the ones who’ve entrusted you with their care.
Stepping In: A Fiduciary’s Approach to Managing Assets at Incapacity
As a fiduciary, you are tasked with a critical role: stepping in to manage someone’s affairs when they are unable to do so. This guide will provide you with a comprehensive understanding of your duties and responsibilities, peppered with real-world examples, when managing assets in the event of incapacity. Equip yourself with the knowledge needed to carry out your role effectively and honor the trust placed in you.
What Not to Include in Your Estate Planning Documents
Estate planning aims to transfer assets to loved ones upon death, but avoid including sensitive information like Social Security numbers and account numbers to prevent identity theft. Likewise, refrain from making disparaging remarks in the will to avoid legal issues. Consult experienced attorneys for secure and comprehensive estate planning.