Currents February 2020 Feb 2020 _Currents web | Page 18
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Currents
February 2020
WE WRITE YOUR BOOK
Tell us your story and preserve
your legacy for your loved ones.
Marjory Lyons
954-249-1333
Tim Jefferson
754-247-1080
Telling Your Story LLC
www.telling-your-story.com
[email protected]
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tions are much more comfortable with this detailed
Durable Power of Attorney, since it is clear what you
want your Agent to do.
Under the new law, you can choose to name two
people to act as Co-Agents. You then designate
whether you allow them to act independently (only
one signature necessary) or require that they act
together (two signatures necessary). Your desig-
nated Agents will also need to sign an acceptance
agreeing to act.
The new format of the Durable Power of Attorney
is much more extensive and complicated (ours is 26
pages); therefore, if you did a Power of Attorney
years ago, expect to pay more for the new one.
The Durable Power of Attorney remains valid until
you die. It is against the law for your Agent to use it
(to withdraw funds, sell real estate, etc.) after your
death. At that point, your Will or Revocable Living
Mon., Feb. 17, 2020
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