We Can Help You Establish Wills, Trusts, Power of Attorney, Medical Derivatives and Other Estate Planning Documents.
Korsinsky & Klein LLP has experience helping clients with their Wills needs in Manahawkin, New Jersey.
Those seeking legal help with Wills can reach out to Law Office of Robert C. Nisenson, a local practice representing people in Manahawkin, New Jersey.
In the Manahawkin, New Jersey area, Macri & Associates, LLC can help you resolve your Wills issues.
Feeney & Dixon L.L.C. Counsellors at Law, serving clients in the Manahawkin, New Jersey area, a reputable legal practice for Wills issues.
A common form of POA is a durable POA, which grants the agent broad power and remains in effect if the principal becomes incapacitated. To prevent fraudulent POAs, New Jersey has specific requirements for creating a valid POA. To create a general durable POA in New Jersey, follow these steps. 1.
1. The principal selects an agent. A principal can have one agent or multiple agents, and multiple agents are called co-agents. Co-agents serve at the same time, and the document can require them to act together or to act independently at the principal's election. If the principal chooses only one agent, they should also decide on one ...
To help you avoid delays, eliminate errors, and speed-up the recording and filing of your documents, I urge you to utilize this e-Record service. This Secured electronic recording of Land Record documents is designed to support a wide range of submitters, including Banks, Law Firms , Mortgage Lenders , and Title Companies.
A Doc-Drop Box is located in front of the Ocean County Courthouse, Curbside, Washington Street. All real-estate ownership/transfer documents can be placed in a sealed envelope and inserted in the box 7-days a week, 24-hours a day. The documents will be processed on the next regular business day.
A POA document is generally a written agreement between two people: (1) the principal (sometimes called the grantor) and (2) the agent (sometimes called the attorney-in-fact). The agent is the person appointed to act on behalf of the principal. So your parent (the principal) can grant you (the agent) certain powers of attorney.
Having financial power of attorney means having the authority to access and manage another person's monetary and/or property assets. As an agent with financial POA, you have the right to make certain kinds of financial decisions on behalf of the principal (as long as they are in his or her best interests). For example, your parent might give you the authority to pay bills, file taxes, make and manage investments, transfer money between different bank accounts, handle insurance claims, collect outstanding debts, sell or rent out property, or deal with retirement pensions and government benefit programs.
Unlike most other types of POA documents, a springing POA agreement doesn't take effect until a specified date or a particular event takes place. For example, your parent may not want you to have any authority until he or she becomes incapacitated or turns a certain age.
Depending on the particular agreement, a power of attorney covers a broad or narrow set of responsibilities, usually related to financial and/or medical and caregiving matters.
After all, by the time your parent becomes legally incapacitated, it's too late to get power of attorney. At that point, you have to pursue the more costly and time-consuming option of adult guardianship. That's why the issue of "capacity" is so important.
Also known as special power of attorney, this type of POA grants an agent the authority to handle a very specific situation on the principal's behalf. For example, your parent may grant you limited POA to represent him or her in the sale of a particular property or to manage his or her transition to a nursing home or assisted living facility. Your authority as the agent ends as soon as you've successfully completed the defined activity or reached the agreement's specified expiration date. And your powers do not extend to anything other than what is specified in the document.
In fact, a power of attorney can be challenged. Banks, investment firms, and medical providers frequently do this. After all, third parties don't want to be held liable for honoring powers of attorney that might be forged, invalid, revoked, expired, or the product of coercion.