Friday

"Love all. Trust a few." -Shakespeare



'Ready hire...ready hire...' This is absolutely not the best advice.

Better advice may be: ' Take aim..take very careful aim...ready...take very, very careful aim...ready...are you certain?...take careful aim...now hire...'

If you are calling upon your legal council to prepare documentation AND act in a Power of Attorney capacity you are well advised to call for a second independent opinion before you sign the agreement.

It is so much easier to have the right Power of Attorney than it is to have one you are unable to trust on an ongoing basis. Once the mechanisms are triggered to start the arrangement any complications can be very difficult or become so...way too fast.
Have you ever tried to 'un-ring a bell' ?

When we understand that a Power of Attorney has the ability to represent your interests in virtually every situation that is legally binding under law...can't stand in to marry you off or write your will...and a Power of Attorney may have certain restrictions as set out within the agreement.

Some Power of Attorney agreements may have time constraints or a defined purpose but the reality is...' an ounce of prevention is worth a pound of cure'.

It usually makes the most sense to have your Power of Attorney as some one that is near by, readily available and of course...deserving of your trust. This responsibility could last for years, it might even outlive your original arrangement. It is always wise to consider a backup and a backup for the backup and so on. The street runs both ways. Your Power of Attorney (there could be more than one by the way) has the option to resign as well. So please 'be prepared'!

If you have not selected a Power of Attorney and the courts are called upon to do so there is always a greater possibility that your wishes will not be represented the way you want them or would have wanted them if you were still giving the direction.

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The load may be heavier than expected

The load may be heavier than expected
...and last a very long time. Always get a clear understanding of the responsibility when asked to be a Power of Attorney !