by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193 When you give someone a gift you sign a check. When you buy a meal in a restaurant you sign a credit card receipt. When you sell your home you sign a deed. In each of these situations it is your signature which marks that the ...…
by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193 Sometimes a power of attorney is not the best way to insure that someone you choose will be ready to help you when you need it. In these situations a better choice may be to set up a trust. A trust can have, built into it, ...…
by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193 There are several important questions to consider when deciding whether the person you are considering is a good pick to be the agent under your power of attorney. 1. Will they do what I want them to do? If they will not carry out your wishes ...…
by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193 At one time a power of attorney together with a will were all the estate plan that most people needed. Today this no longer true. Back in the 1990’s part of the federal government made a new rule that resulted in powers of attorney which are ...…
by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193 Power of Attorney describes a relationship between two people. The first person (we will call him “Tom”) thinks there may come a time when he will not be able to handle his own affairs. He may think that he will become ill or that he will ...…
by Tom Olofsson, Attorney at Law, www.MyTrustLawyer.com (773) 905-1193 Looking for housing for yourself or a family member can be a tedious process. The details can be hard to sort through and can lead to information overload can lead to snap decisions made more from fatigue than because the perfect fit has been found. The ...…