Comparing Financial Powers of Attorney: Badly Drafted DIY vs. Well-Drafted Documents

Q. My husband is a handy DIYer, and it has saved us lots money, in many instances. Now, he is insisting on doing our Estate Planning documents, including our Wills and our Financial Powers of Attorney, on his own. I am glad he … [Read more...]

New Law Helps Protect Seniors from Financial Exploitation

Q. Last summer, you wrote about a veteran named Larry Cook who was a victim of financial exploitation. He was scammed out of millions of dollars in Virginia before he died. Mr. Cook was very careful with his money and would never … [Read more...]

Getting Remarried? What to Discuss and Plan Before Walking Down the Aisle

Q. I have been a widower for six years and recently found love again. I asked her to marry me and she accepted. This is new to me, as I had been with my late wife for forty years and then on my own again until recently. What are … [Read more...]

Critter Corner: Are a Prenuptial Agreement and a Postnuptial Agreement Essentially the Same Thing?

Dear Kiwi and Mango,My brother is getting re-married and is on the fence about a prenuptial agreement. My husband and I actually have a postnuptial agreement. Aren’t they essentially the same thing? Which is preferable? Can … [Read more...]

How Estate Planning Helps You and Your Caregiver

Dear Angel,I have Parkinson’s and need lots of care, and I know things are just going to get tougher. My sister is my caregiver who helps me full-time. I heard that getting my estate planning and long-term care planning in … [Read more...]

Jay Leno Files for Conservatorship Over His Wife’s Estate

TV icon Jay Leno and his wife, Mavis Leno, have been married for 43 years — and by all accounts they are still in love. Mavis, 77, suffers from dementia, and according to a recent court filing, she has been “progressively losing … [Read more...]

Top Five Reasons Banks Won’t Accept a Power of Attorney and What You Can Do About It

Q. My aunt signed a Power of Attorney naming her son, my cousin Andy, as her POA. When Andy took it to the bank, he was told that the document had to be on the bank’s form to be valid. This happened in Texas, but I’m concerned … [Read more...]

Critter Corner: Why Would an 18-Year-Old Need a Power of Attorney?

Dear Raider,A friend told me that when her son headed to college, they had a Power of Attorney drafted for him. Isn’t 18 way too young to think about these types of things? Why would an 18-year-old need a Power of Attorney or … [Read more...]

How Conservatorship Can Lead to Abuse — UVA Law Professor Weighs In

Q. There has been so much coverage in the news about Britney Spears and her court-enforced conservatorship, and now I’m confused about conservatorships in general. I thought conservatorships are for people with severe cognitive … [Read more...]

Critter Corner: How Do I Properly Revoke a Power of Attorney?

Dear Hayek,I appointed my son to be my agent under my Power of Attorney five years ago. Since then, he has shown his true colors as a spendthrift with massive credit card debt. I don’t think I can trust him to handle my … [Read more...]

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