Part of planning for your life is anticipating that you may become incapacitated and need someone to make decisions as you would like. A written power of attorney gives someone you trust this power. There are; however, a number of things to keep in mind as you do this. We get these questions often. Can […]
With the current COVID-19 situation, we have received several phone calls asking about medical and financial powers of attorney. In the context of young adults, we call these documents Gap Legal Authority Documents (GLAD). GLAD is (1) a HIPPA release form, (2) a medical power of attorney and (3) a financial power of attorney. Not […]
After a parent enters the hospital, family members often want Colorado medical and financial powers of attorney. A person who is unable to physically execute a Colorado power of attorney may direct another to execute on their behalf. The process is more complicated, but a person does not have to physically sign the Colorado power […]
We often get asked to name multiple children, jointly, on medical powers of attorney, financial powers of attorney and as trustees. While there are legitimate reasons why clients want to name joint power holders, be aware of the potential costs.