Power of Attorney Rules
Accidents, incapacitating illnesses, and unexpected or prolonged absences can happen to anyone. While you should have a will to make sure your assets are distributed the way you wish after your death, perhaps even more important is a power of attorney allowing a trusted person to take over if you can’t handle your financial affairs. Because a financial power of attorney allows another person to have access to your money, it is important to understand the rules and responsibilities you are entrusting to the person you choose.
Original Article Source Credits: Chron , https://work.chron.com/
Article Written By: Kay Bosworth
Original Article Posted on: NA
Link to Original Article: https://work.chron.com/power-attorney-rules-8632.html