Yes. The agent may hire accountants, lawyers, brokers or other professionals to help with the agent’s duties but generally may not delegate the responsibilities as agent. The power of attorney was given by the principal to the agent, and the agent does not have the right to transfer that power to anyone else. It is important that the agent keep in mind the fiduciary duties when hiring professionals to help. The agent is allowed to delegate investment responsibility if the requirements of Florida Statutes Section 518.11 are followed by the agent, unless the power of attorney prohibits such a delegation.
However, many accounts, such as bank savings, CD accounts, and individual brokerage accounts, are unnecessarily probated every day. If you hold these accounts, they can be set up—or amended—to have a transfer on death (TOD) designation, which lets beneficiaries receive assets without going through the probate process. Contact your custodian or bank to set this up on your accounts.
We are a boutique firm handling Prenuptial Agreements, Post Nuptial Agreements, Wills, Trust & Estates, Divorce and Personal Injury and Medical Malpractice. *Divorce (Retainers start at $5000) *Pre and Post Nuptials *Wills, Trusts and Estate Planning * PI and Medical Malpraice We offer a FREE CONSULTATION and FLAT RATE PRICING (for Prenups, Postnups and Wills, Trusts & Estates). For Divorce Inquiries: You probably have a lot of questions about the process, what to expect, the cost, how assets are divided and if you have children what a parenting plan might look like. Retainers for an uncontested/contested divorce start at $5,000. ... View Profile
^{You are in a vegetative state: A living will may also take effect if you stay in a long lasting or permanent vegetative state. A vegetative state means that your mental functions are reduced or lost, but your basic body functions still work. Your mental functions include your ability to think, be aware, or be fully conscious or awake. Your healthcare providers will not expect you to regain these functions if you are in a vegetative state. You will not be able to communicate, interact with others, or live as you did before. A severe brain injury can sometimes lead to a persistent or permanent vegetative state.}
Child identity theft occurs when a minor's identity is used by another person for the impostor's personal gain. The impostor can be a family member, a friend, or even a stranger who targets children. The Social Security numbers of children are valued because they do not have any information associated with them. Thieves can establish lines of credit, obtain driver's licenses, or even buy a house using a child's identity. This fraud can go undetected for years, as most children do not discover the problem until years later. Child identity theft is fairly common, and studies have shown that the problem is growing. The largest study on child identity theft, as reported by Richard Power of the Carnegie Mellon Cylab with data supplied by AllClear ID, found that of 40,000 children, 10.2% were victims of identity theft.[20]
It can be difficult for the victim of a criminal identity theft to clear their record. The steps required to clear the victim's incorrect criminal record depend in which jurisdiction the crime occurred and whether the true identity of the criminal can be determined. The victim might need to locate the original arresting officers and prove their own identity by some reliable means such as fingerprinting or DNA testing, and may need to go to a court hearing to be cleared of the charges. Obtaining an expungement of court records may also be required. Authorities might permanently maintain the victim's name as an alias for the criminal's true identity in their criminal records databases. One problem that victims of criminal identity theft may encounter is that various data aggregators might still have the incorrect criminal records in their databases even after court and police records are corrected. Thus it is possible that a future background check will return the incorrect criminal records.[13] This is just one example of the kinds of impact that may continue to affect the victims of identity theft for some months or even years after the crime, aside from the psychological trauma that being 'cloned' typically engenders.
Typically while on life support, you need extra measures to keep you alive. If there are certain life-sustaining treatments you prefer not to undergo, initial and check accordingly. In our example, Greg Smith does not wish to have ventilation treatment while on life support. Warning: Selecting to withdraw from life-sustaining treatment can lead to death, choose carefully.
·        Say I have a retirement account and I have life insurance from before I was married. Because each of these are contracts, the assets are distributed according to the beneficiary designation forms I signed when I started the retirement savings or purchased the life insurance – which at the time were my parents (since I was not married nor had children). The fact that I have such contracts with out-of-date designations means that the assets do not go to my wife; instead they will go to my 96-year-old father. 
The purpose of a living will is to make your intentions known, so that your family and your doctors will be able to lawfully act in accordance with your wishes. Once completed, discuss your wishes as reflected in your living will with family members, and be sure they have a signed copy. A living will, or advance directive, is not a part of your Will, and must be completed separately.
_{In the United Kingdom, the Home Office reported that identity fraud costs the UK economy £1.2 billion annually[81] (experts believe that the real figure could be much higher)[82] although privacy groups object to the validity of these numbers, arguing that they are being used by the government to push for introduction of national ID cards. Confusion over exactly what constitutes identity theft has led to claims that statistics may be exaggerated.[83] An extensively reported[84][85] study from Microsoft Research[86] in 2011 finds that estimates of identity theft losses contain enormous exaggerations, writing that surveys "are so compromised and biased that no faith whatever can be placed in their findings."}
We are a boutique firm handling Prenuptial Agreements, Post Nuptial Agreements, Wills, Trust & Estates, Divorce and Personal Injury and Medical Malpractice. *Divorce (Retainers start at $5000) *Pre and Post Nuptials *Wills, Trusts and Estate Planning * PI and Medical Malpraice We offer a FREE CONSULTATION and FLAT RATE PRICING (for Prenups, Postnups and Wills, Trusts & Estates). For Divorce Inquiries: You probably have a lot of questions about the process, what to expect, the cost, how assets are divided and if you have children what a parenting plan might look like. Retainers for an uncontested/contested divorce start at $5,000. ... View Profile