Durable Powers of Attorney (1) - PowerPoint PPT Presentation

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Durable Powers of Attorney (1)

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Learn more about the creation and termination of POA in Rochester, New York. – PowerPoint PPT presentation

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Title: Durable Powers of Attorney (1)


1
DURABLE POWERS OF ATTORNEY
Creation and Termination of POA
2
CREATION
3
When Can I Create a Power of Attorney?
4
Whenever you like
5
As long as you are a capable adult you can create
a power of attorney at any time, even though you
are never obligated to do so
6
AGENTS
7
Who Should Be My Agent?
8
That depends
9
Many people choose family members to act as
agents, but others choose professionals or
organizations, such as banks, to represent their
interests
10
TERMINATION
11
When Do Powers of Attorney End?
12
Any power of attorney you grant will
automatically terminate upon your death
13
Further, as long as you remain mentally capable,
you can terminate an agents authority when you
choose
14
POA AND OTHER TOOLS
15
Do I Need Tools Other than a Power of Attorney?
16
Absolutely
17
Powers of attorney give you some benefits, but
they are not capable of serving all the needs
your estate plan will have to address
18
LEARN MORE ABOUT DURABLE POWERS OF ATTORNEY IN
ROCHESTER NEW YORK
19
Click to visit mrobinsonlaw.com (585) 374-5210
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