When David's father fell and broke his hip in Utah, David faced a crisis from his home 2,000 miles away in Boston. His 82-year-old father needed immediate help managing medical decisions, paying bills, and coordinating care, but David couldn't just drop everything and move across the country. Without...
Tag: durable power of attorney
Should an Agent Under Durable Power of Attorney Have the Power to Change Account Beneficiaries?
A Durable Power of Attorney (DPOA) is a powerful legal tool that allows you to designate someone to act on your behalf in financial and legal matters if you become incapacitated. One crucial decision to consider when creating a DPOA is whether to grant your agent the authority to change beneficiary designations...
Utah’s Digital Assets Act And Durable Powers of Attorney
Online banking and electronic communication are ubiquitous in today's world. Consequently, the need for an agent under a durable power of attorney to have specific powers to deal with digital assets and electronic communication is increasingly important. What type of digital assets should an agent under a durable power...