Guardianship Definition
One Guardianship Definition I like to use is this: guardianship is the legal process of ripping away the legal rights of a person (the ward) and giving those rights to make decisions and manage money to another person (the guardian). That other person, the guardian, then has the legal duty to take care of the […]
Durable Power of Attorney Definition Video
Durable Power of Attorney Definition, a Durable Power of Attorney may be one of the most important documents you can ever sign. Hi, I’m Gary DeWitt, Estate Planning Attorney in Northwest Arkansas. Hi, I’m Gary DeWitt, Estate Planning Attorney in Northwest Arkansas. Durable Power of Attorney Definition: Two Types Powers of Attorney come in two […]
Power of Attorney
A power of attorney is a powerful tool in the estate planning toolbox. Simple question, complex answer. Mike is buying a house, but is a traveling salesman. He cannot make it to the closing, so signs a paper allowing his brother to sign at closing on his behalf. That is a sample of a power […]
5 Dangerous Holes in Your Estate Plan That Could Hurt Your Family and Cost You a Fortune
Dangerous Hole #1: Disability Planning. You have two children who live within 30 minutes of you. Your other child lives out of state. You suffer a severe stroke and require monitoring 24 hours a day. One local child wants to move in with you and provide all of your care. The other local child thinks […]