Power of Attorney Rules

Author: External Author | | Categories: Legal Consulting Services

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.

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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



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