How can I revoke a Durable Power of Attorney in Florida?
This question comes up from time to time in our office. Often times the Principal will grant powers to an agent for a limited purpose or a limited time. If the purpose is limited then a Limited Durable Power of Attorney should be created for the client. However, if the powers are granted for a limited time, a revocation can be executed to terminate the powers granted to the Principal. Question of the Week: How can I revoke my Durable Power of Attorney in Florida? A Notice of
What are the Agent duties under a Florida Durable Power of Attorney?
Once again our office has a received a number of questions with regards to the duties of the Agent under the Florida Durable Power of Attorney and the Florida Statutes. Becoming an Agent for a Principal is not a small task, and does require some research so the Agent is clear of what is expected of them. I have been designated as an Agent in a Durable Power of Attorney over the Principal’s finances; will I be required to manage financial matters? An Agent must agree to manage
Legal Q&A: Executing a Valid Revocable Living Trust in Florida
How do I execute a Trust? A Declaration of Trust is executed similarly to a Last Will & Testament in Florida. The Trust must be signed by both Grantor’s, known as Settlors under the Florida Trust Code. The Settlor’s must execute the document in front of a Florida Notary Public. The document must also be signed in front of two witnesses, who sign the document in the presence of each other. How can I make copies of my Trust? An executed Trust can be copied and provided to finan
Top Six Legal Tips To Creating a Florida Durable Power of Attorney!
In Florida a Durable Power of Attorney, is effective while the Principal is alive, and remains effective even in the event the Principal becomes mentally incompetent. This reduces the need for Guardianship proceedings in some cases. Our office answered the top six questions clients asked when executing a Florida Durable Power of Attorney. These tips are important, but this document can become quite complicated depending on the powers the Principal wishes to grant. Who are the
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