“Every individual over the age of 18 should have a power of attorney. A power of attorney is written authorization that appoints an agent to carry out your business, financial, and legal affairs. Similarly, a health care proxy appoints an agent to make medical decisions on your behalf in the event you are unable to express your wishes.” – Cori A. Robinson
Estate Planning Essentials: Power of Attorney
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Probate is the legal process of distributing the assets and estate of a deceased person. This includes resolving all probate property issues like taxes, insurance, title, and paying creditors for any outstanding money owed by the deceased.
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