Powers of attorney are your financial lifeblood as you enter your senior years, but oftentimes they’re not taken serious until it’s too late. We had six senior couples come into our office this week, all of whom had powers of attorney that were nothing more than simple documents that would be useful only to clients who are 25 years old. This is a potentially devastating problem that can be corrected if the senior has the requisite mental capacity to execute new documents. If, however, the senior has diminished capacity, then we are left with these almost worthless powers of …
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