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 stated...Read more
About: Linda Knapp
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Recent Posts by Linda Knapp
What is a life estate deed? The short answer is a life estate deed separates ownership of real property between two different parties. Often, but not always, the parties are the parents or one parent, and a child or more than one child, and sometimes grandchildren. One party gets life time use of the property and...Read more
If someone dies in a car accident and he is not at fault, who receives the insurance settlement monies, the people named in the will or the heirs-at- law? The proceeds of a wrongful death action are paid to the statutory wrongful death beneficiaries or the intestate heirs. This is often the spouse and children, with...Read more
Things are changing for my parents and I feel I need to address early care and monetary issues with my siblings when they visit from out of state at Christmas. How do I begin? I am a big advocate for elders maintaining independence and acting on their own as long as possible. However, some elders delay...Read more
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