You may have signed a financial power of attorney (POA) that allows one or more people to act on your behalf if and when you become unable to act for yourself. However, a financial POA is not valid in certain situations. Knowing the limitations of a financial power of attorney is an often-overlooked aspect of estate planning. To ensure that you have anticipated every contingency, you should discuss with your estate planning attorney the POA exceptions noted in this article.

Only fifty percent of African Americans have even basic estate planning documents, such as a will, in place. Legendary African American...

Having an operating agreement can provide your business with many benefits and can help you avoid significant problems.

Pay now, or pay later. This is so true when forming a limited liability company (LLC) to run your business.