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goodnatured
Joined: 03 Nov 2007
goodnatured's page
Posts: 3927
10 Magic Points
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Mon Dec 31, 2007 11:32 am
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Laura, the military makes you do a power of attorney, it is somewhat like a will but then again different, it does not necessarily give your wishes in detail, but it does however give another person the power to act on your behalf, you can limit a power of attorney to certain things, such as a particular bank account to pay bills, the care of a child, etc, whatever limitations that you want to put on it. The military wants to make sure that if you are deployed that someone can act on your behalf, especially if there are children involved.
a power of attorney can be revoked at any time, it can be for a set amount of time or on going. It does not replace a will, you can still have a will in place and I am not sure which would over ride which. The will is your final will and testament, where a power of attorney, if general lets you act on the behalf of. Does this make sense or did I make it more confusing.
another example, maybe someone is hospitalized and can not perform certain functions, a power of attorney would let an assigned person act on their behalf.
I am not sure any other way to put it, hope this clears some things up.
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SunDevilsFan
Joined: 09 Nov 2007
SunDevilsFan's page
Posts: 184
Location: Sunny Arizona
6612 Magic Points
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Mon Dec 31, 2007 1:27 pm
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| I dont know Laura.... Its probably very basic... compared to the civilan will.. |
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goodnatured
Joined: 03 Nov 2007
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Posts: 3927
10 Magic Points
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Tue Jan 01, 2008 3:08 pm
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I think the military does the power of attorney because it is quick and they have to get so many done quickly in the matter of a depolyment. I know that military soldiers can have a will done, if they have a will in place that would be for all their possessions in case of death, the power of attorney, lets the person who it is granted to to act on the soldiers behalf. So essentially if there is no will in place and the soldiers passes on the person with the power of attorney can do what ever they want to with the soldiers estate and possessions. A will would make sure that this does not happen, a soldier also has to list beneficiaries on their life insurance, primary and secondary beneficiaries. I think if I was still in, I would still have the will in place if I owned a home and had children. I was single and did not own much when I was in the military. A married soldier or a soldier with children, their possesions and estate would pass on to their heirs, unless stipulated in a will. A power of attorney does not replace a will, just give someone the power to act for the soldier, it is kind of confusing. and is getting more confusing as I write about it, LOL> bottom line, if you have stuff that you want to go to particular people, do a will and be covered.
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Goodnatured,
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Laura
Joined: 21 Jun 2007
Laura's page
Posts: 1334
35467 Magic Points
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Wed Jan 02, 2008 10:52 am
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Thanks a lot good. I feel pretty okay. Was confused till now.
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Regards,
Laura. |
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Dadummy
Joined: 15 Nov 2007
Dadummy's page
Posts: 606
57 Magic Points
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Subject: WILLS
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Mon Jan 07, 2008 3:18 pm
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| no i dont have a will but ive been talking about it for a while now i really need to get one done soon. i think everyone should have one . |
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