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Powers of Attorney Archives

Will the passage of time affect a power of attorney?

Michigan residents often need to give legal power to another individual for a specific purpose. This is particularly true for individuals who have a disability. In some cases, people only need to do this for a short amount of time. In other situations, people may need help for the duration of the disability. Often, signing a power of attorney to another individual can help to alleviate the person's struggles. With the power of attorney in place, an individual can rely on another to help make and execute important decisions.

Revoking power of attorney in Michigan

Michigan residents can fall ill in a number of situations. Often, an illness is just a passing discomfort. However, there are situations where a person can suffer from a degenerative illness that makes it difficult for the person to make decisions. A person may need help making financial decisions or healthcare-related decisions as the person fights through the illness.

Limitations on those with power of attorney in Michigan

Michigan residents often desire to be in charge over their own affairs. Most people want to be able to handle their own money, their own property and their own healthcare decisions. Many people can go their entire lives without needing help from anyone in making these decisions.

When will a health care directive not be upheld in Michigan?

Michigan residents often go to great lengths to ensure that their estate plans are perfect. This often includes working with professionals to make sure that every last detail has been thought about. An estate plan can include everything from where people want certain assets to go when they die, to how medical decisions should be made if they become incapacitated.

What is a power of attorney and how does it help?

The process of estate planning may seem overwhelming to many families. They may know that a thorough estate plan is important, and be aware that there are a number of different important considerations and documents that may be included in the process, but may not always know what each estate planning tool refers to. One estate planning tool you may have heard of but wondered about and wanted to know more about is a power of attorney.

Michigan hospital promotes healthcare power of attorney

Despite its numerous and significant benefits, many people fail to make an estate plan until it is too late. An estate plan is not simply for the extraordinarily wealthy. In fact, there are many different aspects of an estate plan that are very important for nearly every individual, regardless of wealth. One of these elements is power of attorney. Designating a power of attorney can be useful in many different situations, but many people still fail to take advantage of this important legal tool.

Understanding important points about Michigan power of attorney

While residents of Michigan might have a baseline understanding of what a power of attorney is, there still can be a degree of confusion. It can be helpful to have a clear understanding of power of attorney in order to make informed decisions should a situation call for it and to avoid any abuse of power that can unfortunately occur.

Let us help you create powers of attorney

Estate planning can be intimidating for many people because of its perceived complexity. Many people may also be confused about what "estate planning" really refers to because of the word "estate": they may think that it is something that only applies to those with considerable wealth or assets. Estate planning is for everyone, however, and has many different facets. One commonly overlooked, but very useful, component of estate planning is the power of attorney.

Consult with us about powers of attorney

One of the main reasons that many people put off long-term planning is that they do not like to think about going through a time--whether temporary or permanent--when they are no longer able to make their own decisions and live according to those decisions. There are likely many aspects of your life that you prefer to control instead of relinquishing that power to other. Some key areas include our personal lives, financial matters, and medical care.

Power of attorney used to defraud elderly woman

Estate planning can be difficult. It requires people to plan for events to take place after their death or for when they are no longer able to manage their own affairs the way they were accustomed to previously. Planning for these circumstances is very important, however, especially if people want to maintain their independence as long as possible and direct the way their affairs will be managed when they are no longer able to personally manage them. A power of attorney is a very useful tool to achieve these goals, but it is important to make a wise choice to avoid exploitation or other problems, as the story of one Michigan women recently revealed.

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