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Miranda Cecily Franks's Answers

Miranda Cecily Franks
Spring Valley Probate Attorney.
Contributor Level 5

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Attorney answers:

  1. Greta Muirhead
  2. Miranda Cecily Franks
  3. Benjamin James Sowards

Husband and I have a revokable Living Trust. All assets are in this Trust. Do we need to have power of attorney forms

Asked by a user in Henderson, NV - almost 3 years ago.

A power of attorney allows you to designate an agent to act on your behalf in all situations. The agent has extensive powers to contact the IRS, social security, and pension administrators--assets which affect you, but are outside of your living trust. It is recommended that you and your husband prepare powers of attorney in addition to your living trust.

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Attorney answers:

  1. Miranda Cecily Franks

If my husband and I get a complete power of attorney for each other will that help us if one of us passes?

Asked by a user in Morganton, NC - almost 3 years ago.

A power of attorney dies with the individual. You need to execute a will to set forth your final wishes.