Estate planning is important for everyone. An important legal document for an estate plan is a power of attorney, which is fairly easy to put in place. The Maryland resident who puts the power of attorney in place is called the principal, and the person who is...
Power Of Attorney
Power of attorney comes with legal duties in Maryland
On Behalf of The Law Office of Morrison & McGrew, P.A. | Jan 14, 2015 | Power Of Attorney
Most people do not live in complete isolation and have many connections to family and loved ones. This is why it is important to make sure to protect one's assets, which can eventually be passed down to surviving family members, loved ones and friends in the case of...
How can a power of attorney be customized?
On Behalf of The Law Office of Morrison & McGrew, P.A. | Dec 18, 2014 | Power Of Attorney
There are many unexpected events in life. These events can be much more problematic if a person has not adequately prepared for them. Fortunately, there are steps a person in Maryland can take in order to prepare for a time when he or she may be unable to make...
Understanding fiduciary duties of power of attorney is essential
On Behalf of The Law Office of Morrison & McGrew, P.A. | Aug 25, 2014 | Power Of Attorney
People are right to worry about the future. Anything can happen that could leave a person incapacitated for a significant period of time. This is why it is important to have a plan in place in the case that this does occur in Maryland or in any other state. Including...
Importance of choosing health care power of attorney
On Behalf of The Law Office of Morrison & McGrew, P.A. | Aug 13, 2014 | Power Of Attorney
Many people have taken the step of drafting wills and setting up trusts to safeguard their wishes and provide for their loved ones after they have died. However, many may have overlooked the importance of designating an individual to serve as their health care power...
Power of attorney is essential estate planning document
On Behalf of The Law Office of Morrison & McGrew, P.A. | Apr 22, 2014 | Power Of Attorney
Estate planning is not only about preparing for one's death. It is also about preparing for when a person becomes seriously ill or injured but is still alive in Maryland or in any other state. In this condition, a person may be incapacitated, which means he or she is...
Healthcare power of attorney and living will can save money
On Behalf of The Law Office of Morrison & McGrew, P.A. | Feb 10, 2014 | Power Of Attorney
Over the recent years, people have become acutely aware of the problems with the nation's healthcare system. The Affordable Care Act is just one attempt at solving various issues with healthcare in Maryland and other states. Many experts believe there is not a single...
Power of attorney can save families stress in Maryland
On Behalf of The Law Office of Morrison & McGrew, P.A. | Nov 19, 2013 | Power Of Attorney
Many Maryland residents may believe that planning an estate is only important for wealthy people. However, estate planning is important for anybody, no matter what income bracket a person falls under. Also, most people may believe that the only purpose of an estate...
Creditors cannot pursue power of attorney for debts in Maryland
On Behalf of The Law Office of Morrison & McGrew, P.A. | Oct 28, 2013 | Power Of Attorney
It is common for older people to have their mental abilities become diminished as they age. A power of attorney document specifies a person who will be responsible for making financial and medical decisions when one becomes incapacitated or mentally incompetent and...
Power of attorney important for college students in Maryland
On Behalf of The Law Office of Morrison & McGrew, P.A. | Sep 24, 2013 | Power Of Attorney
Many parents worry when their young adult children leave for college. They know the world is unpredictable and that lack of life experience can leave their adult college students vulnerable in Maryland or in any other state. This is why parents should take the right...
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