Make sure you have “people” when filling out legal forms
During tax season there was a commercial in which a woman was critical of her husband for using purchased computer software to prepare their tax return. When her husband stated that he was “stuck,” she said, “Let’s ask the box.” The point was that the user of the software did not have anyone to consult when he ran into problems or had questions. They did not have “people.”
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If you or a loved one becomes disabled or incapacitated and there is no power of attorney in place, then a guardian may need to be appointed by the court to care for you and manage your financial affairs. Upon appointment of a guardian, you lose certain legal rights to act on your own behalf, and the guardian will be empowered to act for you.
Continue reading OWM Blog – Power of Attorney vs. Guardianship →