Clients are often unpleasantly surprised to learn that having a Last Will and Testament does not negate the need for probate. And they are sometimes annoyed when they learn that even though they are named as the Executor in a Will, that alone does not give them authority to access the decedent’s assets. Yet both of these statements are true.
Even though most people don’t plan on getting a divorce when they first tie the knot, it is a reality for many couples. While we do not practice family law here at Reed Wilson Case, and cannot help with a custody schedule, those crucial estate planning documents that you may or may not already have…
What Is Power of Attorney? Power of attorney, or POA, allows a person of your choosing to manage your financial or medical affairs if you are unable to do so. Without a POA in place, If you become incapacitated, the court will have to appoint a guardian or conservator. that course of action takes time…
A power of attorney automatically terminates after the death of the principal. This means that the agent no longer has any authority to act on behalf of the deceased person. Instead, the executor or personal representative of the deceased person’s estate will take over the management of their affairs. Power of Attorney and When Should…
