Day: August 19, 2013

Don’t forget to make the necessary revisions to your estate plan

Getting a divorce can be a complicated and emotionally draining process, involving many changes to your life and to the plans you’ve made for the future. Your Last Will and Testament and other estate planning documents may not be on your mind during this difficult time, but you cannot afford to neglect them. As you get through the divorce process, it’s important that you make the appropriate modifications to your will, trust, and other estate planning documents.

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A Power of Attorney (POA) is a useful and necessary document for handling financial matters for someone else. When circumstances dictate that you are physically or mentally unable or incapable of handling your own financial and legal affairs, it’s a good idea to have a Power of Attorney in place. A POA appoints someone you trust to act as your attorney-in-fact, sometimes referred to as your ‘agent,’ in your stead.

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