What is a Durable Power of Attorney?

A Power of Attorney is a written document in which a competent adult (a.k.a) the “principal”) appoints another competent adult (a.k.a. the “attorney-in-fact”) to act on the principal’s behalf.

In general, an attorney-in-fact may perform any legal function or task which the principal has a right to do.  The powers may be:

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5 Tips for Trustees (Featured in California Lawyer Magazine)

Trusts have become popular estate planning tools, but they are traps for the unwary, and especially for an uninformed trustee. Whether it is designed to provide for family members, endow a charity, or manage real estate, the person who creates the trust (called the “trustor” or “settlor”) usually has specific wishes and demands and expects that they will be closely adhered to. It is the trustee’s duty to make sure that happens.

Being a trustee can be a thankless job; it can even thrust a person with good intentions into the crosshairs of litigation. If you are asked to serve, weigh your decision carefully – a trustee’s work may become both complicated and contentious. These tips may be helpful.

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Estate Planning: What You Should Know

What is an Estate Plan?

An estate plan is a complete set of instructions that convey your wishes upon your incapacity and/or death.

Why Should I Create My Own Estate Plan?

Without a personalized estate plan the State will decide who gets what and when.  The State’s idea of what your heirs should receive may not be the same as your own.  With an estate plan, you can avoid the time and cost of having the State decide your affairs.  It is essential that you take an active part in preparing your estate plan.

When Should I Start to Prepare My Estate Plan?

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