“Thought for the Day” #713 – by Stephen R. Elville, J.D., LL.M.

April 29, 2016

With the Maryland General and Limited Power of Attorney Act having codified the responsibilities of an agent to a principal, as well providing for the assurances and enforceability discussed in this week’s blogs, it may be advisable to utilize a two-tiered approach to powers of attorney in estate planning and elder law by utilizing the Maryland statutory form Personal Financial Power of Attorney along with a broader customized standby supplemental power of attorney.