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Detailing power of attorney expectations

As you prepare to dive deep into your estate planning in Roswell, it is important to remember that during this process, you should not only consider what will happen after you are gone, but also what could potentially happen towards the end of your life. Many come to us here at the Sanders Law Firm wondering how to best prepare for the event that they lose the ability to care for themselves (either through incapacitation or other means). If you share the same concern, then you should consider granting a trusted family member or friend power of attorney. 

What is the cy pres doctrine?

As the personal representative of the estate of a family member, friend or client in Roswell, you might take great pride in the testator's altruism evidenced by the contributions made through whatever charitable trusts he or she has established. Yet organizational circumstances can often change over time, and ultimately the tax distinctions or charitable aims of a group might be altered to the point of conflicting with your testator's original intentions. What is to then be done in order to ensure that the funds allotted to a charitable trust are not wasted? 

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701 West Country Club Road
Roswell, NM 88201

Toll Free: 866-755-7229
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Albuquerque, NM 87109

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Hobbs, NM 88240

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Las Cruces, NM 88001

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Ruidoso, NM 88345

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