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Principals and agents are the two groups of people who make up the basic power of attorney relationship. The principal is the person who creates the POA document -- or has it created by a professional. The agent is the person who is given power of attorney privileges...
In past weeks, we've talked about why you might want to consider having a trust and the benefits that can come from including a trust in estate planning. Once you decide that a trust is right for you, you might have to work with your legal representative to decide...