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Power of Attorney Archives

Power of attorney may help Maryland families ensure security

The changes that come with aging may be challenging for many Maryland families. Watching a parent or loved one move from one stage of life into the next can be very emotional. Many aging adults go through a stage that is known as "the grey zone," which is the point between being competent and incompetent. It is at or prior to this point that families may benefit from establishing an estate plan, including a power of attorney.

Power of attorney can save families a lot of stress

In a recent news article, a financial planner has disclosed some of the most vital items that senior citizens and their families need to consider when planning for the senior's care. One of the most important items, according to the planner, is the drafting and execution of a power of attorney. This grants authority to make certain decisions on behalf of someone when that individual is not capable of doing so, an important protection for most Maryland residents to consider.

The importance of a health care power of attorney

When many Americans sit down to tackle their estate planning, most cover the bases fairly thoroughly. A will is written, detailing who will receive which of our belongings and how our assets are to be divided. Our wishes for funeral arrangements are laid out, ensuring that our loved ones will not be burdened with making those decisions at a time of grief.

Maryland woman holding power of attorney admits embezzling $250,000

Family members are often the first to be considered when someone is working to establish a power of attorney. Those close to an individual are usually a trustworthy source to rely on in terms of estate planning. Unfortunately, that is not always the case.

Maryland councilman with power of attorney faces protective order

A Maryland councilman is facing a protective order from his mother of whom he holds power of attorney after he allegedly held her by the arms and threw her down, accusations in which the councilman claims are unfounded.

Using power of attorney in estate planning

Power of attorney is one important aspect of estate planning of which Maryland residents may wish to be aware. However, there are two different types of power of attorney: financial and health. Understanding the differences and how they are used may well be essential to proper estate planning.

  • 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
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