What do Florida probate lawyers need to know about drafting power of attorneys? Do you understand the difference between a durable power of attorney and a standard POA in Florida? Estate lawyers in Florida may want to read up one the recent POA drama surrounding Sumner Redstone and his $70 million dollar inheritance.
Are you upset with the current set up where your elderly parents manage the family wealth through a family trust?Are you also trying to avoid future problems with Florida probate litigation? Talk to yourFlorida trust lawyer to learn the different alternatives for your elderly parents. What is the difference between a power of attorney and a formal guardianship?
Everyone knows that there are a ton of retirees in West Palm Beach and Florida in general. Did your parents retire down here? Are you concerned with protecting your loved ones as they age? There are a number of ways to protect your family without babysitting them. You may want to consider a power of attorney or alternatively seeking guardianship. Do you know the difference between the two?
Do you have elderly parents retiring to West Palm Beach? Are you concerned about their welfare and finances? Experienced Palm Beach probate litigators know that there are ways to protect your elderly relatives and still let them enjoy life outside of a nursing home or similar set up. Do you understand the difference between guardianship and power of attorney in West Palm Beach?
In Florida, many estate planning attorneys Palm Beach Gardens write wills, living trusts and powers of attorneys for clients. When you name your successor trustee Florida, and your power of attorney, you need to name someone who you trust. After all, they might have to sue someone to protect you and your money if you are becoming vulnerable, or incapacitated, and you can’t fight for yourself. So, who can you trust to be in charge of your money, wealth, property and who also can protect and care for you, the person? Who can you put in charge of your entire financial world? What happens if things go bad? What if your relationship with your personal assistant or companion deteriorates or your friends or family don’t trust your caretaker?
Are you trying to avoid a relative appointing a guardian in West Palm Beach? Did you know the West Palm Beach probate courts have to first address if there is an alternative to guardianship? If there is an alternative that is sufficient the probate court cannot appoint a guardian. In this recent appeal the Fourth District Court of Appeal found that the trial court lacked jurisdiction to appoint a professional guardian when it had previously found that the wards wife had a sufficient substitute with a power of attorney.
Can a Florida power of attorney bind someone to arbitration instead of a trial? What about the extent of the POA? Can it bind some to arbitration over liquidated damages in Florida, or unliquidated damages? What in the world are you talking about? (you are probably asking, right?) Well, if you are involved inpower of attorney litigation Florida, if someone used the Florida power of attorney, and you question the scope of the POA or the authority of the POA, consider reading Florida’s 1st District Court of Appeal case Santa Rosa Investors Inc v. Wilson, Case 1D14-3935.
West Palm Beach and Florida in general have an aging population and many adult children see their parents retire to South Florida. A recent article out of Tennessee highlights a problem that is also rampant in South Florida – elder abuse. Are you concerned about con artists scamming your loved ones? The proper answer may be a West Palm Beach guardianship or power of attorney. Do you know how to protect your loved ones (and their assets) in West Palm Beach? Learn more here.
Bobbi Kristina Brown is still on life support after a tragic accident on January 31 of this year left her extremely brain damaged. She is now being moved from Emory Hospital in Atlanta to a less expensive rehabilitation facility. Bobbi’s tragedy highlights the need for durable power of attorney and health care surrogate forms as part of your Florida Estate plan. Although it is sad to say tragedies like this do occur to young people, and in a case like this you have a woman who is worth $20 million dollars, and her father cant touch it, but he does get to choose when to take her off life support, so he can bleed the estate that he cannot inherit dry.
A Florida Power of Attorney is a legal document granting certain authority from one person to another. In the document, the creator of the Power of Attorney (called the “principal“) grants someone the right to act on his behalf. The person who is acting for the principal is called his “agent“. What specific actsthe Power of Attorney gives the agent the authority to conduct depends on the particular language of the Power of Attorney. A principal can make a POA very broad or may limit it to certain specific acts.