II. Financial Powers of Attorney: Broad vs. Limited Powers

So, you have decided that you need a financial power of attorney.  The next step is to decide what powers that attorney-in-fact/agent should have. A power of attorney can be very limited in scope, or it can be extremely broad.  A broad power of attorney authorizes an agent to have access to, and to make…

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I. Financial Powers of Attorney in General

People are living longer today than ever before—thanks in part to amazing advances in healthcare diagnoses, treatments, medications, and technology.  For individuals who live to reach at least the age of 65, the Social Security Administration pegs average life expectancy at age 84.3 for men and age 86.6 for women.  As people age, they often…

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