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Durable Financial Powers of Attorney, A Vital Part of Any Estate Plan

 

A durable financial power of attorney is a simple way to allow another to manage your affairs. You (the “principal”) appoints someone else (an “agent” or “attorney-in-fact”) to act on your behalf. The power is granted in a written document. It can either be effective immediately or you can put language in the […]

In Maine What Happens If I Die Without a Will

 

If you are a Maine resident and die without a will (also known as to die intestate), the Maine probate statutes will decide how your “probate” estate will be distributed. Real estate held in joint tenancy, joint bank or investment accounts and life insurance or annuity contracts with […]