Understanding the basic tenets behind power of attorney is important for good financial planning. Here, we’ll explore what it is, why it’s important, and how it relates to other aspects of estate planning. What is power of attorney? Power of attorney, or POA, is a legal document or set of documents where you grant another person (called the agent of…
Tag: executor
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Writing a Will
Writing a will can be overwhelming, but it is an important foundation of good financial planning. In this article, we’ll take a look at why it is so important, how to get started, and what to consider when writing it. What is a will? A “last will and testament” is a legal document that explains how to divide your assets…