Durable Power of Attorney
A Durable Power of Attorney document allows a person you designate to take over management of your financial affairs should you become incapacitated. Unfortunately, because of rising cases of Fraud and Elder Abuse, banks and other financial institutions are starting to reject perfectly valid Durable Power of Attorney documents because they fear being named as a party to a lawsuit.
Unfortunately, because of rising cases of Fraud and Elder Abuse, banks and other financial institutions are starting to reject perfectly valid Durable Power of Attorney documents…
Many Estate Planning experts believe the reason financial institutions are rejecting good documents is because their representatives are trained to look for modern documents with recent execution dates. This is why the Wall Street Journal recommends updating a Durable Power of Attorney every 6 months. We, and other estate planning experts, believe that renewing your Durable Power of Attorney every 2 years is acceptable.
Zoom Meeting Information
Samuel B. Ledwitz has been practicing Estate Planning Law for two decades.
He would like to introduce you to the basics of Estate Planning during an informational free upcoming Zoom session.
New sessions are being scheduled. Check back for updates:
Session 1 TBA
Session 2 TBA
During this session you can learn:
What is a proper Estate Plan
Why it is so important to have a proper Estate Plan
The do’s and don’ts of Estate Planning
Many other aspects of Estate Planning that could affect you