Gift provisions in powers of attorney limit agents from making gifts if such ability is not desired. All powers of attorney should include specific gift authority clauses to provide the necessary authority to the agents. Failure to include these provisions could subject the agent to action for making an inappropriate gift or deprive the estate of property that was intended for another person or purpose. Issues with Failing to Include Gift Authority A recent court case examined these … [Read more...]
Rising Home Prices Are Straining the Real Estate Market
With home prices rising exponentially, the supply of affordable homes has dropped significantly over the years. The scarcity of safe… READ MORE
