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Five Tips for Agents of Financial Powers of Attorney

May 25, 2015 Posted In Firm News,Powers of Attorney

Agents or “attorneys in fact” are people who have been designated by another individual (i.e., the principal) via a financial power of attorney to manage the principal’s finances. While stepping into the role of agent for someone else is completely voluntary, when people do agree to take on this role, they accept certain legal responsibilities.…

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Should I Agree to Be the Executor of a Will or Estate?

May 20, 2015 Posted In Executors & Fiduciaries,Firm News,Trustees

When a loved one dies, you may find out that they have named you as the executor of his will. While this may certainly be an honor, as your loved one clearly trusted you to wrap up their final affairs.  It is also an important decision to make because being an executor means that: You…

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Where Should I Keep My Will?

May 15, 2015 Posted In Estate Planning,Firm News

After creating a will, one of the next important decisions you will make is where to store that will. The reason this is so important is that, if your personal representative or beneficiaries cannot locate the original copy of your will in the future, it can create significant (and unnecessary) challenges for them, costing them…

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