Power of Attorney Archives - Page 2 of 4

May 7, 2020

What are the estate documents you need to take care of loved ones?

In times of emergency or uncertainty, it’s important to know that you can take care of and protect your family members. Whether it is a spouse caring for their wife or husband, or an adult child taking care of their parent, these families should have the appropriate medical power of attorney and financial power of attorney documents in place. The current health crisis has many people thinking about

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February 18, 2020

Getting Married? Protect your new spouse with an estate plan

With thousands of couples heading down this aisle this month, it’s no wonder that February is National Wedding Month! If you and your sweetheart are planning to say “I do” soon, you may also want to consider updating your estate plan. While estate planning may not be the first thing you think of when you think about love, it is a real, tangible way to show your devotion

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February 5, 2020

Do Children Have Automatic Power of Attorney for Their Parents?

No, children do not have automatic power of attorney over their parents in the event of their death. They would need their parents to authorize it. Recently, I had a friend ask me about a Power of Attorney for her parent. Her father was in the hospital, and she needed to take care of a few things for him (ex: check his P.O. box, pay his utility bills, purchase some

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December 5, 2019

Preparing for the Role of Caregiver: Steps to Protect Your Family’s Future Needs

As we put plans in place to maintain our quality of life as we age, we should also be making plans to protect our resources and our loved ones. But what happens if it is someone else who needs the protection? How can we prepare for the illness or incapacity of an adult family member? Careful estate planning and honest communication can help reduce stress on family members

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July 23, 2019

Guardianship for our Parents

Summary: If a parent’s mental health has deteriorated to the extent that they are constantly confused, making irrational decisions, cannot take care of themselves, or are putting themselves in potentially dangerous situations – then it might be time to consider guardianship. For many adult children, as our families age, we begin to notice a reversal in the roles of parent and child. When we were little, our parents

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June 6, 2019

Estate Planning Documents For Your High School Graduate

Summary: To ensure that parents can continue protecting their children from a financial and legal standpoint, it is a good idea for the new graduates to have some basic estate planning documents in place, such as a Financial Power of Attorney and an Advance Directive for Health Care. Many Georgia parents have recently had the pleasure of watching their teenage sons and daughters walk the high school stage

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May 30, 2019

4 Forms Parents Need Before Vacation

Taking a Kids-Free Vacation? What Forms to Leave With Your Child’s Caregiver You’ve booked the flights, picked a hotel, and found a trusted friend or family member to watch your kids while you’re away. You’ve even started daydreaming about how late you’ll sleep on that first child-free morning. But before you head out on a well-earned kids-free vacation, it’s important to ask yourself: If something happens while you’re

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March 7, 2019

Protecting Cryptocurrency with an Estate Plan

Summary: A devastating blow to the cryptocurrency exchange serves as an unfortunate but timely reminder about the importance of careful estate planning. A person who has invested in bitcoin needs to develop a means of passing the account information to their heirs and/or estate executor. Without this information, no one else can recover any funds from the account. A devastating blow to the cryptocurrency exchange serves as an

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February 21, 2019

Protecting Your Spouse With An Estate Plan

Summary: Careful estate planning can help provide financial security for surviving spouses. In Siedentopf Law's latest blog, we discuss some planning Items to consider, such as: updating accounts and beneficiaries, designating a Power of Attorney, drafting an Advance Directive, and reviewing important medical and financial documents. More widowed women are enjoying financial security. That is according to a recent study by the Center for Retirement Research at Boston

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January 29, 2019

Estate Planning: Understanding Key Terms and Concepts, Part Two

Having an estate plan means making provisions for your friends, loved ones, and yourself, should you become disabled or upon your death. It is an opportunity to memorialize your wishes as they relate to your medical care and the distribution of your assets. At Siedentopf Law, we help ensure that the estate planning and probate process is as smooth and stress-free as possible. We can help you to

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