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Can I change powers of attorney once they are in place?Yes, as long as you are of sound mind and are capable of communicating your wishes, you can change your powers of attorney or any aspect of your estate plan. In fact, you should change both of these documents when your life circumstances and/or future wishes may change.
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What happens if I don’t set up powers of attorney?If you don’t have powers of attorney and something happens to you, rendering you incapacitated, it will usually be up to the court to appoint someone as your agent. This can end up meaning that someone you would not have selected ends up making decisions on your behalf.
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Who should I designate as my agent or attorney -in-fact?Your agent or attorney-in-fact will be the person you have named to hold the power of attorney for you. Consequently, you should choose someone whom you completely trust to handle certain medical and/or financial decisions on your behalf.
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A Plan for Your Digital LegacyEstate PlanningRead Article -
Practical California Estate Planning: Organize Your DocumentsUncategorizedRead Article
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How is a Will Read?WillsRead Article
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There’s No Will; What Can the Executor Do?Estate PlanningRead Article
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How to Include Digital Assets in Your Estate PlanEstate PlanningRead Article
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An Essential Checklist for Drafting a WillWillsRead Article
