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  • Home
  • About Tom
  • Estate Planning
    • How to Plan Your Estate (Start Here)
    • Revocable Living Trust
    • Inheritance Protection Trust
    • Financial POA
    • Health Care POA
    • Living Will
    • Asset Protection Planning in Arizona
    • Intro to Arizona Domestic Asset Protection Trusts
    • Asset Protection Exemptions in Arizona
    • Protect Home from Creditors in Arizona
    • Car/RV/Mobile Home Titling
  • Fees
    • Estate Planning Fees
    • Estate Administration Fees
  • Scheduling
  • Recent Law Updates
  • Office Info
  • New Client Forms
  • More Articles
  • Bouman Law Firm Blog
  • Probate & Trust Administration
    • How to Administer an Estate (START HERE)
    • Probate in Arizona
    • Small Estate Affidavit
    • Final Arrangements & Organ Donation
    • Trust Beneficiary Notices and Trustee Reports
    • Annuities
    • Debts of Decedent
    • Transfer Real Estate of Nonresident
    • Tax Filings for Estate
    • Duties of Trustee
  • Make a Payment
  • Buy a Book
  • Legal Disclaimers

BOUMAN LAW FIRM blog

Updating Powers of Attorney

10/18/2017

 
My general advice is to sign new financial powers of attorney about every 5 to 10 years.  Many financial institutions commonly reject older power of attorney documents as a matter of internal policy. 

My general advice is to sign new health care powers of attorney at least every 10 years.  The health care directive forms in Arizona regularly adapt to law changes, so regular updates are appropriate. 

If a client begins to show signs of diminished mental capacity, then annual updates to the powers of attorney are appropriate.   

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    Thomas J. Bouman
    Attorney at Law
    Tucson, Arizona

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