Articles Tagged with POA

As loved ones get older, their family often worries about them—both mentally and physically. One particular fear is their loved one being unduly influenced to do something they may not want to do. Seniors tend to be more susceptible to this undue influence because they are more likely to depend on others for daily activities like help with transportation and paying bills. While undue influence may be easy to name, individuals often have difficulty spotting it. Below are common questions and solutions to identifying undue influence and assisting Houston seniors who are in such a situation.

What Situations Increase Vulnerability and Who Can Exert Undue Influence?

While any adult can be a victim of undue influence, there are certain situations that increase a person’s vulnerability—and thus, their likelihood to be exploited. These situations include, but are not limited to, cognitive impairments, illness, isolation, and physical ailments. Because these circumstances increase a person’s dependency—as they need others to help them—it is more likely that an individual will exert undue influence on them.

12.4.19It’s easy to focus most of the estate planning attention on the will and distribution of assets. However, a power of attorney is often as important as a will.

Naming a person to take on the role of Power of Attorney is not easy. For some families, it can hang up the entire estate planning process.

Forbes’ article, “9 Things You Need To Know About Power Of Attorney,” reminds us that it’s an important decision and not one that should be taken lightly. Let’s look at what you need to know to get your POA right.

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