A financial power of attorney (POA) can be a critical component of your estate plan. It appoints a trusted representative ...

Power of attorney in Ohio is substantially similar to most other jurisdictions. This means that there are two types of power of attorney you can assign in Ohio: statutory (otherwise known as financial ...

Another option when drafting your POA, is implementing a springing power of attorney. These types of POAs are unique in that they only take effect when a predetermined event occurs, such as mental ...

As a result, medical power of attorney is considered a durable, springing power of attorney. This means that it only takes effect under certain conditions (the "springing" aspect of the grant ...

Consider durable power of attorney. Limited vs. general power of attorney. Immediately effective vs. springing power of attorney. Power of attorney for health care. The first step to setting up ...

There are three types of power of attorney. One is General, another is durable and a third is springing. General power of attorney typically grants authority in all matters, but it expires upon ...

A financial power of attorney can be a powerful tool in your estate planning tool belt. But if you don't take careful consideration when creating this document, you could face serious consequences.

If the power of attorney is effective immediately, it can be used even if you are not incapacitated. If its powers are "springing," they don't go into effect until a future event has occurred.

In fact, many people prepare a power of attorney form specifically in case they lose competence, so that a trusted third party can help manage their finances and life. Springing power of attorney ...

Statutory power of attorney has broad applications. It is useful in some situations for jobs you don't want to do personally, such as granting your accountant agency to file your taxes. It is also ...

Power of attorney in Ohio is substantially similar to most other jurisdictions. This means that there are two types of power of attorney you can assign in Ohio: statutory (otherwise known as financial ...