Frequently Asked Questions Videos
What powers can I give through a durable power of attorney?
Video Transcription:
You can give almost any power you wish to your agent under a power of attorney, as long as it’s legal. This is something you should discuss with your attorney, so that you understand the powers you are granting. There are however some powers that an agent would be prohibited from exercising, even if you gave them to them. That includes making a will or testifying as to knowledge you might have.
What property does my will control?
Video Transcription:
Your will controls the distribution of property held in your name at your death. It does not control the distribution of property held in a trust, property held with joint tenets with right of survivorship, or property that has a beneficiary designation, such as annuities and life insurance policies.
When should an estate plan be reviewed?
Video Transcription:
Your estate plan should be reviewed at least every five years or at a life changing event. Life changing events includes births of a child or grandchild. Death of a spouse or child. Divorce of you or your children, or another significant life changing event, including moving to another state.
Who can terminate a guardianship?
Video Transcription:
Generally, only the court can terminate a guardianship. However, an individual under guardianship can ask that a guardianship be terminated if they regain their capacity or if a less restrictive alternative is found.