YOUR QUESTIONS ANSWERED – JULY ’23

July 2023. Q: I’m worried about getting dementia. Do I need to protect myself from my future self? A: That’s a good thought. Some of my clients worry about their power of attorney being misused, so they don’t want to sign it. But it’s really...

THE POWER OF ATTORNEY GURU. PART 3

April 2023. Comment: “This long power of attorney form doesn’t apply to me. I just have a bank account and a car!” In Maryland, estate planning powers of attorney are long. They have to be! That’s because your power of attorney only gives your “agent” – the person...

THE POWER OF ATTORNEY GURU. PART 2

March 2023. Comment: “I’m not letting anybody take control over me! I’m not signing that paper!” It’s great to keep control of our lives as long as possible, but not at the expense of your wallet, your dignity and your loved ones’ quality of life if you become...

THE POWER OF ATTORNEY GURU. PART 1

February 2023. Comment: “I don’t need a power of attorney. My spouse and I own everything jointly.” It’s true, if you and your spouse own your bank account jointly, either one of you can sign a check or make a deposit, no questions asked. But that’s not all you might...

NEW YEAR’S PLANNING – PART 2

January 2023. Are your parents or your spouse starting to show signs of dementia? Do they have an updated power of attorney for medical and financial decisions? If not, you might need to consider guardianship. Do you have your own business? Have you made provisions...