The Law Offices of Scott Alan Morrison, P.A.
Please Call For An Appointment

Power of attorney central to Maryland estate planning

The end of the year is a time that many Maryland residents take to reflect upon the events and choices made during the past year, and focus on plans for the coming one. Many estate planning experts suggest that this time of year is ideal for reviewing one's plan, or for beginning the estate planning process. An annual check of these vital documents ensures that the stipulations within are still aligned with the wishes and intent of the principal. One recent report also suggests that many may want to consider adding power of attorney (POA) documents, if they are not already in place.

A power of attorney involves the legal assignment of decision-making responsibility. These powers can begin at the time of signing, or can come into effect if and when the principal becomes unable to act in his or her own behalf. No matter how they are drafted, the most essential part of assigning a POA is to make a wise choice in determining who deserves this level of trust. A POA will have legal authorization to act on your behalf, therefore it is very important to select someone who is trustworthy and able to make sound decisions.

The format of a POA can take a variety of forms, and can cover a multitude of issues. For example, a financial POA can limit the agent's duties to paying bills and making limited choices in regard to financial matters. Or it can give full power to make any and all decisions, including the right to buy or sell real property, adjust investments or make gifts. A POA is a very flexible tool in estate planning, and should be carefully drafted according to the wishes of the principal.

In assigning a power of attorney, Maryland residents are not only adding a vital estate planning tool to their existing documents. Assigning these duties also opens up an opportunity to discuss your wishes with the people closest to you, especially the person who will assume the duties of POA. While many people avoid such conversations, they can actually help loved ones to know and understand the choices that the principal is making, and can go a long way toward ensuring that one's wishes are followed if and when the time comes for the POA to come into play.

Source: Investing Daily, "An Estate Plan Essential," Bob Carlson, Dec. 4, 2012

No Comments

Leave a comment
Comment Information
  • Best Of The Best The Frederick News Post
  • Bar Association Of Frederick County, Maryland
  • NAELA National Academy Of Elder Law Attorneys, Inc.
  • Maryland State Bar Association Inc.
  • Washington County Bar Association , DC Bar
  • Law Offices of Scott Alan Morrison is a BBB Accredited Lawyer in Frederick, MD
Form Submit Button

Schedule Your Free Consultation Today

For more information and a free consultation with a Maryland estate planning attorney, call us at 301-694-6262 or fill out the form below. We provide clients with the estate services they need.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

We have offices in Frederick and Maryland, to serve you.

Evening, weekend and off-site appointments are available upon request. Free parking is available at our Frederick office.

Our office will follow the same closing & delays as Frederick County Public Schools for both offices due to inclement weather.

The Law Offices of Scott Alan Morrison, P.A.
141 W Patrick Street
Suite 300
Frederick, MD 21701

Toll Free: 866-220-5185
Phone: 301-694-6262
Fax: 301-668-8884
Map & Directions
Frederick Law Office Map

Contact This Office Contact This Office