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proposed legislative changes to the current law in order to simplify the forms and add penalties for financial The current remedy in such instances is to compel banks and other financial institutions to accept a However, even if a judge orders the financial institution to recognize a valid power of attorney, the judge still can’t impose sanctions against the financial institution. Nonetheless, many banks and other financial institutions still require that their own forms be used.

Organizing your personal finances is especially critical for Baby Boomers who’ve recently retired or The article, “9 ways for older Mainers to get a grip on finances in 2016,” from the Bangor Daily News Review your estate documents, including your will, your medical and financial powers of attorney and Review your financial condition. Examine your overall financial situation by tallying your assets and liabilities, as well as your expected

that the payout from a life insurance policy, and you suddenly realize that you have quite a bit of financial

Crimes can include physical and mental abuse, neglect, isolation and financial exploitation. has teams for special victims and sex crimes, domestic violence, gangs, weapons, vehicular crimes, fraud

can care for your kids if you die while they are still young, or appoint someone you trust to make financial

If you see that all of your financial bases are covered and you want to go ahead and spend the refund After you get your tax refund, talk with your financial planning team to establish priorities. It deserves mindful financial planning.

As a result, many Hispanics rely on Social Security as their sole financial support in retirement. Data shows that they’re also more likely to rely on family for financial support. This can help prevent a financial emergency from becoming a financial crisis.

instances, young people believe that’s the case, which is an impediment to getting this last piece of the financial Your estate plan doesn’t need to be fancy, expensive, or complicated. This document lets you appoint someone to act on your behalf legally and financially if you’re not able

More than 4,000 cases involved financial exploitation, and there were 3,661 reports involving vulnerable Financial abuse is becoming more prevalent, not just within the Copper State, but nationwide. Nationally, financial abuse and exploitation lead to seniors losing about $2.9 billion yearly.

In addition, your estate plan should name a guardian and financial manager for minor children, state Also, a durable power of attorney designates an individual to control your financial affairs in the event Another benefit of estate planning is that it forces you to organize your financial records and files

t need to be complex in many situations but everyone needs a plan, even those with social problems, financial

An adult aunt, uncle, niece, or nephew of the patient; A close friend to the patient; An agent with financial attorney and ask about other estate planning documents such as wills, durable powers of attorney for finances