How do you revoke a power of Attorney?
- David Greene
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First let me point out that even though one has the Power of Attorney, he does not have to act pursuant to its authority. However, there can only be one valid Power of Attorney at a time so it would be…
How important is it to have a durable Power of Attorney?
- David Greene
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It is very important! A durable Power of Attorney (POA) is simply legal authorization for someone else to act on one’s behalf. This usually only occurs if the grantor of the POA is incapacitated, but it can be useful in many…
What type of documents should I be considering for my Estate Plan?
- David Greene
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When people typically think of estate planning, the first thing that comes to mind is how they can control their assets after death. When considering this, most individuals come in to see us wanting to create some type of will…
If one moves can he write in his new address on his existing Durable and Health Care Powers of Attorney?
- David Greene
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You cannot write on the Durable Power of Attorney. That will void it. Similarly, you cannot write on or make any changes to your will by striking through and writing over. Be sure to let your Attorney-in-Fact know your new…
Does the new tax law eliminate inheritance taxes?
- David Greene
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With the new Tax Reform beginning to take effect, there is still a large amount of uncertainty when it comes to what changes are taking place and when they come into effect. When it comes to the Estate and Generation…
What is the difference in a will and Durable Power of Attorney?,
- David Greene
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Each individual, even husbands and wives, needs to make a will in order to pass his/her assets after death. A Durable Power of Attorney, though, simply gives someone you trust the authority to act in your behalf when you can’t…
What are the biggest mistakes made in Estate Planning?
- David Greene
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Estate Planning covers both events during life and after death. Here are some of the biggest Estate Planing mistakes that are made: (1) Failure to plan for incapacity – everyone should have both a financial and health care Power of…
If you have a Living Trust do you also need a will?
- David Greene
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That is a good question and the answer is: maybe or maybe not! If you have truly transferred all of your assets into your trust, then you do not need a will because no asset is in your name. However,…
Is there anything wrong with buying a fill-in-the-blank will or trust from the office supply store?
- David Greene
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I highly discourage buying and using these kinds of packages. Why? First, they may or may not contain all of the language and signing requirements necessary in South Carolina. Second, they do not give you the latitude in making your…
How do you revoke a power of Attorney?
- David Greene
- Comments Off on How do you revoke a power of Attorney?
First let me point out that even though one has the Power of Attorney, he does not have to act pursuant to its authority. However, there can only be one valid Power of Attorney at a time so it would…