Our Estate Planning Blog

What Estate Planning Documents Do I Need for a Happy Retirement?

Most people can’t wait for retirement, and even more would likely opt for some form of early retirement, if they had the opportunity. Whenever you ultimately decide to cut down your time at work or leave the workforce altogether, you need to ensure that you have a full slate of estate planning documents in place.

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your agent abuses the power of attorney

What if Your Agent Abuses the Power of Attorney?

Under Illinois law, an individual holding a power of attorney is a fiduciary as a matter of law. The person designated as a power of attorney agent owes a fiduciary duty to the principal—the person making the designation. If your agent abuses the power of attorney, he or she may be subject to civil or even criminal penalties.

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