As part of your estate planning process, it's important to implement Power of Attorney (POA) documents. Powers of attorney are recognized in all states, but the rules and requirements may differ from one to another. By signing this document, you are granted an individual or individuals the authority to act
My uncle is in the hospital and needs me to pay bills on his behalf. In 2002, he named me as his financial power of attorney, so I could write checks for him when he couldn't, like now. But the bank is rejecting the document. They say it's too old.
Estate planning is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning, because they do not want to think about the end of life, failing health or disability. Others believe that an estate plan is only