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Financial Planning Information
Estate Planning
Introduction to Wills
Revocable Trusts
Power-of-Attorney
Living Wills, Health Care Proxies, and Advance Health Care Directives
The Probate Process
Planning With Retirement Benefits
Guidelines for Individual Executors and Trustees

The Lawyer's Role

Tax Changes From 2001
Banking with ING Direct

Who Should Be Your Agent?

You may wish to choose a family member to act on your behalf. Many people name their spouses or one or more children. In naming more than one person to act as agent at the same time, be alert to the possibility that all may not be available to act when needed, or they may not agree. The designation of co-agents should indicate whether you wish to have the majority act in the absence of full availability and agreement. You should name a successor agent to address the possibility that the person you name as agent may be unavailable or unable to act when the time comes.

There are no special qualifications necessary for someone to act as an attorney-in-fact except that the person must not be a minor or otherwise incapacitated. The best choice is someone you trust.

 

Financial Planning FAQs
Estate Planning
Children's Investment
Retirement Planning
Charity Planning
Life Insurance
Debt Management
Related Questions & Answers

Power-of-Attorney

» Introduction

» Who Should Be Your Agent?

» How The Agent Should Sign?

» Beyond Signing Checks

State Laws Vary

» What if I move?

» Will my Power of Attorney expire?

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