Think Carefully About Your Choice of Agent Under Your Power of Attorney

An agent under a power of attorney is someone upon whom you will rely to make important decisions that will affect you and your family. Whether you are making a financial power of attorney, health care power, or granting any other type of decision-making ability to an agent, you must be absolutely sure that your agent is capable of getting the job done. Before you make any agent selection for your power of attorney, there are several questions you want to ask yourself. Question 1. Is my agent reliable? A good agent will not only make the decisions you want made, but will do so in a timely, reliable fashion. In many situations, people who create powers of attorney choose close family members to act as their agents. Though this is often the safest option when you are most worried about the possibly of your agent taking advantage of you, it’s not always a good decision if your family members are not reliable. For example, if you create a durable financial power of attorney, you probabl
http://www.norcalplanners.com/blog/estate-planning/carefully-choice-agent-power-attorney/

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s