There are several different kinds of powers of attorney that can be used for different purposes. Before executing this crucial document, it is important to understand what your options are.
A power of attorney allows a person you appoint -- your "attorney-in-fact" or agent -- to act in your place for financial or other purposes when and if you ever become incapacitated or if you can't act on your own behalf.
There are four main types of powers of attorney:
Whichever type of power of attorney you use, it is important to think carefully about who will be your attorney-in-fact. Your attorney-in-fact will have a lot of control over your finances, and it is crucial that you trust him or her completely.
As always, a new year gives us a chance to start over; reset the clock, if you will.
Our "shop" just completed its first year, and we're looking forward to the next!
Many thanks to all of the clients who put their trust in us, as well as those who referred new business our way.
Don't picture anything but your specific vision of success for 2020!
We're excited to execute our plans for the next twelve months, and are grateful to those of you who will be partnering with us.
Stay safe and well,
Michael, Jessica & Team
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