Power of Attorney
The purpose of a power of attorney is to give the person you designate (your “agent”) broad powers to handle your property, which may include powers to sell or otherwise dispose of any real or personal property without advance notice to you or approval by you.This power of attorney does not impose a duty on your agent to exercise granted powers, but when powers are exercised, your agent must use due care to act for your benefit in accordance with your power of attorney.
At Sykes Elder Law, we advise our Pittsburgh clients on what form of power of attorney is best for their needs and the needs of their family. We take care to draft a power of attorney that suits your circumstances and wishes, and work with you to help ensure its proper implementation.
- Estate Planning Examples to Avoid - An often overlooked benefit of professional estate planning: avoiding mistakes that ruin your best intentions. Here are just a few examples: Well, it looked like the right place to sign… In 1962, George Glace signed one of the blank spaces of a pre-printed legal form as follows: “I, , of Sunbury, Pa., of the County of […]
- Two must-have estate plan provisions for parents with minor children - Despite our “elder law” moniker, we frequently write estate plans people of all ages. When I see parents whose children are minors, I make sure to address two specific issues that are usually not important with elderly clients. If you parent minor children, make sure your will addresses these issues too. Nominate a guardian. Who will […]
- Why every adult should have a POA - Having a power of attorney (or POA) is at least as important as having a will. As people’s lifespans have increased, many spend more years than ever with a weakened ability to manage their own affairs and increasingly rely on others.