Legal Question in Wills and Trusts in Colorado

Will a "Durable Power of Attorney for Finances" stand alone, or must it be part of a Living Will?

Asked on 7/27/13, 9:37 am

2 Answers from Attorneys

Robert Murillo Mosaic Legal Partners LLC

A power of attorney is separate and different from an advance directive (what people term a living will), so it does stand alone.

Also, a general power of attorney covers more than just finances, but that depends on the exact terms of the power of attorney. Be sure you understand the scope and issues with durable powers as they can be abused. Good luck.

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Answered on 7/27/13, 10:25 am
Bernard Greenberg KOKISH & GOLDMANIS, P.C.

These are two separate documents that have nothing to do with each other. They address different estate planning needs that every person has.

For more information, consult with an attorney specializing in estate planning and avoid any do-it-yourself documents.

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Answered on 7/30/13, 7:31 am


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