A well drafted Durable Power of Attorney is an extremely important part of most of our clients overall estate plans, but make sure you understand the significance of the power that you will be granting. This article that appeared in the N.Y. Times does a nice job of explaining the importance of these documents, but also how they can lead to fraud and abuse if given to the wrong individuals. This is also a great example of why it's so vital to have your estate plan drafted by an experienced estate planning attorney rather than trying to do it yourself or using some type of online service. Give the article a read, it's important information to know.
If you've been thinking about getting your estate plan together, give us a call today to schedule your free legal consultation or visit us online at www.americanwillsandestates.com
http://www.nytimes.com/…/your-…/estate-planning/21POWER.html