Sikov and Love, P.A.
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January 2014 Archives

Estate Planning

Estate planning, including the preparation of Wills and Powers of Attorney, is a way to be prepared and to plan ahead for life's eventualities, whether it is disability, incapacity or death. It is a good idea to review your family's financial situation and insurance. You need to find out what legal documents you can have drafted to take care of your own needs and those of your family, such as a Last Will and Testament, a Durable Financial Power of Attorney as well as a Healthcare Power of Attorney and Living Will. An elder law attorney can best prepare documents to be sure that they are done properly for the protection of you and your family.

Powers of Attorney versus Joint Bank Accounts

If you go to a bank, or other type of financial institution, to add Agents under Powers of Attorney to your account, do not let the bank convince you to set up a joint account. Why not? As an attorney, I am frequently asked this question.

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Pittsburgh, PA 15219

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