Elder Law Articles, Uncategorized
Elder Law Update – At Large Edition June 2009 Vol I
Special White Paper Report Power of Attorney versus Guardianship Quite often we discover that clients coming to our office do not know the difference between a power of attorney and guardianship. I would like to take the opportunity to explain it to you in very basic terms. What is a Power of Attorney? A power of attorney is a legal document where one person, the principal, gives legal authority to another person, the agent, to perform certain acts on the principal’s behalf. There are 2 types of POAs:
- Financial
- Health Care