Saturday, April 7, 2012

Introduction to Powers of Attorney


POWERS OF ATTORNEY

Introduction

A power of attorney is a written document by which you appoint one or more individuals or businesses to act on your behalf.  A durable power of attorney is an important part of your estate package.  A durable power of attorney maintains your privacy and avoids the costly and lengthy court process of appointing a guardian or conservator if you become incapacitated.  You should make a durable power of attorney so someone you trust can handle your affairs if you become incapacitated.  You can also give a power of attorney so someone can act for you even if you are not incapacitated.  If you have questions about, or want a power of attorney, contact Thomas T. Tornow, P.C. at http://www.tornowlaw.com.

These posts give you a comprehensive overview of powers of attorney.  They answer questions like:

• What is the Uniform Power of Attorney Act?

• When Does the Act Apply?

• What is a Power of Attorney?

• Why Would I Want to Give Someone a Power of Attorney?

• Should I have a Durable Power of Attorney?

• Do I Need a Durable Power of Attorney if I Have a Will?

• Do I Need a Durable Power of Attorney if I Have a Trust?

• How Do I Give a Power of Attorney?

• Who Should be My Agent?

• Can I Have More than One Agent?

• Can I Change or Terminate my Power of Attorney?

• What are My Agent’s Obligations?

• What Powers Can I Give My Agent?

• When Does My Power of Attorney Start?

• When Does My Power of Attorney Stop?

• How Does My Agent Use My Power of Attorney?

• What if I Become Incapacitated?

• What if My Agent Breaches His Duty to Me?

The author, Thomas T. Tornow is a lawyer in Whitefish, Montana and President of Thomas T. Tornow, P.C.  He has over 33 years of experience helping clients with Powers of Attorney, Wills, Living Trusts and other estate planning tools, as well as probating their estate.  After reviewing these posts, contact Thomas T. Tornow, P.C. at http://www.tornowlaw.com to:

· Make a durable power of attorney so someone you trust can handle your affairs if you become incapacitated.

· Make a durable power of attorney so someone can act for you in other matters even if you are not incapacitated.

· Review your power of attorney to insure it complies with Montana law.

· Update your power of attorney to insure it reflects your specific intentions for your financial and family situation. 

 Thomas T. Tornow, P.C.


By: Thomas T. Tornow

This post is exclusively for informational purposes. It is not legal advice. Viewing this post, using information from it, or communicating through this blog does not create an attorney-client relationship. Thomas T. Tornow, P.C. is not liable for the use or interpretation of information on this blog and expressly disclaims all liability for any actions you may or may not take based on the content of this blog.

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