Though your estate plan will likely start with the execution of a Last Will and Testament, a well thought out and effective estate plan will likely include a number of additional estate planning tools and strategies. One commonly used estate planning tools is a power of attorney. In fact, you may find use for a power of attorney outside of your estate plan as well as using more than one within your estate plan. Though a power of attorney can be a very effective estate planning tool, it can also … [Read more...] about Why Is a Durable Power of Attorney Different?
The "durable" designation is significant. A standard power of attorney that is not durable would not remain in effect if the grantor of the power was to become incapacitated at some point in time. Topics covered in this report include: Incapacity Is Common Guardianship Durable Powers of Attorney Click here to read the whole article or download the PDF. … [Read more...] about Free Report: Should I Have a Durable Power of Attorney in North Dakota