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Do I need a will and power of attorney to ensure my wishes are carried out and my affairs are managed appropriately in the event of incapacity or death?
Yes, having a will and power of attorney is important to ensure that your wishes are carried out and your affairs are managed appropriately in the event of incapacity or death. A will specifies how your assets should be distributed after your death, while a power of attorney allows someone to make decisions on your behalf if you become incapacitated.
What else can I help you with?
Importance of public financial administration?
to ensure the proper revenue and expenses are carried out correctlyto ensure the purchasing/procurement is done appropriately, correctly and legally
What Is your Opinion about the process of americanization carried out by the bureau of Indian affairs?
Your teacher wants YOUR opinion, not the opinion of some anonymous person on the internet!
When An approved chair-type parachute may be carried in an aircraft for emergency use if it has been packed by an appropriately rated parachute rigger within the preceding?
120 days.
The destructive event a virus is intended to deliver is called its?
It is sometimes called the "payload," although this term is more appropriately used for weaponry, like "The ballistic missile carried a payload of..."
You got your felony expunged but it still sHow is up?
Either you, or your attorney, will have to follow up to ensure that the court's order of expungement is carried out.
Type of Athens government?
It became a radical democracy where the adult male citizens met in assembly fortnightly and dissected political affairs. Their decision was carried out by a council of 500, which carried out day-to-day business between meetings, and presented business to the assembly.
What will you need to do when something happens to your mom give you power of attorney over her estates what do you need to do when something happen to her?
Ensure that the instructions in her will are carried out upon the event of her death.
How does Rolex advertise the Rolex Submariner?
The Rolex Submariner is one of Rolex's iconic models. It is advertised within their category of 'extraordinary' watches. Advertising for the Submariner is carried mainly in appropriately targeted magazines across the world. A product showcase is featured on the Rolex website, too.
Is executor of the Will same as power of attorney?
No. A living person (the principal) can execute a Power of Attorney document that appoints an attorney-in-fact to act on their behalf and manage their affairs while they are alive. A POA is extinguished immediately upon the death of the principal. An executor is the person named in a will to distribute an estate after a person has died. The will must be filed in probate court and the court will appoint the named executor if there are no objections to the appointment. The executor will then have the authority to pay the debts of the decedent and distribute the remaining estate to the heirs according to the provisions set forth in the will and the state probate laws.
What job title is carried by an individual responsible for city finance?
The city Treasurer is in charge of most of the finances involving the city's affairs. A job like this is a tall order, managing a bank account with millions of transactions on a monthly basis.
What happens if the person granted power of attorney as well as executor dies before the grantee?
If the person granted power of attorney and executor dies before the grantee, then the power of attorney is terminated, and the grantee would not be able to rely on the power of attorney anymore. The executor's role would typically be carried out by an alternate executor named in the will, or the court may appoint a new executor if there is no alternate named. It is important to regularly review and update estate planning documents to ensure contingency plans are in place.
What kind of attorney specializes in writing Wills?
The US doesn't have the specialties you find in most places, so they don't have certifications in most cases. Typically a Contract Lawyer writes a contract and a Probate or Estate Lawyer would generate a will. All lawyers can technically do either of them, they just may not be as comfortable with it as others. In Great Britain and the British Commonwealth it would be a Solicitor that specializes in that area.
