If you live in Tennessee and you do not have a power of attorney, you leave important decisions to chance. A power of attorney (POA) is a legal document that lets you choose a trusted person to act on your behalf. Without one, your family has limited authority to help...
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Powers of Attorney
Can a power of attorney override a will in Tennessee?
When a loved one passes away, most families face questions about estate documents they never expected to answer. One question surfaces consistently: does a power of attorney supersede a will? The short answer is no. These two documents carry entirely different legal...
What authority can a power of attorney grant?
Granting someone power of attorney (POA) does not necessarily mean handing them unlimited control over your finances or health. While this legal document allows you to appoint an agent or attorney-in-fact to make decisions on your behalf, you can tailor it to your...
Is a power of attorney better than a living will?
There are two ways to address making future medical decisions when doing estate planning. First, you can use an advance directive known as a living will. Doing this allows you to leave instructions, such as telling your future medical team that you don’t want to be...
Different types of power of attorney
A power of attorney (POA) is a useful legal tool that allows someone else to make key decisions on your behalf. POAs are an essential part of estate planning. Nonetheless, there are several different types of POA, with each serving specific purposes. It’s important...
Why powers of attorney are essential for long-term care
The decision to place an aging parent in a long-term care facility can make you feel guilty. It’s also filled with a mix of emotions, from concern for their well-being to worries about the financial and logistical burdens. In this emotionally charged time, it’s...
What are the duties and limits of a financial power of attorney?
A financial power of attorney (POA) in Tennessee is a legal document that grants an individual, often referred to as an agent, the authority to make financial decisions on behalf of another person, known as a principal. This arrangement can be beneficial when a...
Is a power of attorney better than written instructions?
When creating an estate plan, people sometimes consider writing down medical instructions for their loved ones. They may stipulate in an advance directive, for example, that they don’t want to be kept on life-support. Some people have very specific desires for the...
2 types of powers of attorney to consider
There’s a lot to consider when planning your estate. You’ll have to decide who inherits from you and who’s assigned as the executor of your estate. Wills aren’t just about asset distribution, however. You may also include one or more powers of attorney. The person...
What estate planning documents does your 18-year-old child need?
Once a child turns 18, they’re legally an adult. That means their parents no longer automatically have authority over their medical care. If they’re in an accident or fall ill, you wouldn’t have the right to even get information about their condition under the Health...
