Kenneth Vercammen, Esq.
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Estate Planning for Gay & Lesbian Couples
As average Americans, we work 80,000 hours in a lifetime, or 45 to 55 years. In spite of all the resources and assets we earn, the vast majority of Americans with assets do not take the time to create a Will. nnNational statistics indicate that 80% of Americans die without leaving a Will. There are several reasons for this: fear of death; procrastination; and misinformation (people presume that only the rich or married with children need to have Wills). Whatever the excuse, i
January 26, 2008
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Power of Attorney
What are these powers of attorney? nA Power of Attorney is a written document in which a competent adult individual (the "principal") appoints another competent adult individual (the "attorney-in-fact") to act on the principal's behalf. In general, an attorney-in-fact may perform any legal function or task which the principal has a legal right to do for him/herself.nnThe term "durable" in reference to a power of attorney means that the power remains in force for the lifetime
January 7, 2008