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October 2017 Archives

Avoiding pressure over power of attorney

Wisconsin residents who are planning their estate often overlook a power of attorney. Such a document can be useful because it appoints someone to manage the principal's financial affairs in the event of incapacity. However, it is important that people do not feel pressured to name a particular person as the agent in this power of attorney or to grant certain powers to that agent.

Tips for executors

Wisconsin residents who are creating an estate plan may wonder what the duties of an executor are. The first thing an executor must do is get copies of the death certificate from the funeral home. It is best to get a number of these as they will be required when informing agencies and institutions about a person's death including the Social Security Administration, life insurers and banks.

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