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October, 2017 | Knapp Law Firm, PC

Monthly Archives: October 2017

Power of Attorney Affidavits

Power of Attorney Affidavits
My father named my mother, then me as his attorney-in-facts in a financial power of attorney.  Both my parents are now in care facilities and not competent.  Am I automatically in charge or does something more need to be done? That depends on the terms set forth in the document itself, but even if no…
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How does a Personal Property Memorandum work?

How does a Personal Property Memorandum work?
A Personal Property Memorandum is a separate writing in either your own hand or one typed and signed by the testator and two disinterested witnesses that addresses distribution of various items of tangible personal property and names the recipient of the gift upon the testator’s death.  The document must exist at the time of the…
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Personal Representative Duties

Personal Representative Duties
As the personal representative what kind of things do I need to think about before I settle my friend’s estate? Estates vary widely, but basically you have to focus on three areas – taxes and administrative expenses, final bills of the decedent and distributions. Very few estates have to pay federal or South Carolina estate…
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Life Estate Deeds

Life Estate Deeds
My father named my mother, then me as his attorney-in-facts in a financial power of attorney.  Both my parents are now in care facilities and not competent.  Am I automatically in charge or does something more need to be done? That depends on the terms set forth in the document itself, but even if no…
Read more