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If a POA becomes effective upon the occurrence of a future event,it is called a springing power of attorney,because it “springs” into effect if the event occurs.
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The person whose advantage it is for is called the “beneficiary”.
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Which can produce numerous issues It’s important to draft a durable power of attorney (POA) so an agent or a person you assign will act on your behalf when you are unable to do so yourself steveblisslaw com Estate Planning Lawyer.
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Kinds Of Irrevocable Trusts These trusts come in 2 basic Firms: Personalized Representation of Your Case The Law Firm of Steven F.Bliss Esq.Do I need a legal representative to set up unique requirements trusts?.
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Designating a beneficiary is available in almost all states for brokerage accounts,and in some states for real estate,motor vehicles,and other assets with title documents (usually called transfer-on-death or TOD).
Depending upon your estate and the nature of your case,this can take months and may even last numerous years if there are disputes

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