Tag: power of attorney
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Mental Health in Question: Was the Deed Transfer Valid?
The farmhouse that inspired a 2013 horror film called The Conjuring has attracted visitors to Round Top Road in Burrillville, Rhode Island for years. Then, officials closed the site. There were concerns that the place had become a fire hazard, and the owner was acting strangely. Meanwhile, an actor decided to buy the famous house.…
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Senior Under Guardianship: Target for Fraud?
Sleazy schemes often target people at their most vulnerable. Perhaps the most vulnerable time in all of our lives comes in old age. At some point, older deed holders who want to manage the value of their property become likely to lose the capacity to do so. One legal mechanism for carrying out an impaired person’s business…
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What If a Power of Attorney Fails to Maintain the Real Estate?
Linda lives in a memory care unit. Her former home, just a mile away, has been vacant for more than three years. Just before she moved to the assisted living site, she signed legal power over her affairs to her sister Gerry. Gerry lives out of state, and rarely has time to visit Linda. A…
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On the Deed: Mental Wellness and Capacity to Transfer Real Estate
Capacity to exercise the rights of a deed holder can mean different things for adult homeowners. Perhaps an owner is experiencing age-related cognitive decline. Or perhaps mental health issues are impacting the ability of a deed holder to make decisions with clarity of purpose. Let’s take a look at some common scenarios, and get to…
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Legal Aid Resources: Finding Free and Low-Cost Services for Seniors
Deeds.com offers updated, compliant real estate documents and forms. Now and then, a reader has situation-specific legal questions which require legal advice. Law firms can get expensive, but there are services available at low or no cost for older adults who need them.
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Power of Attorney or Guardianship for Older Adults: Confront and Avert Misuse
When it’s apparent that a power of attorney is being improperly used, is there any recourse? Here, we explore this important question.
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Conservatorship? Guardianship? What Do They Mean for Senior Deed Transfers?
For a lifelong couple, the day comes when one partner starts to focus intently on the well-being of the other. Before then, it’s important for a couple to document their plans and wishes. But how will they transfer the jointly held deed to their home, when one of them loses the capacity to do so?…
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Seniors Lose Billions Each Year to Scammers: 5 Quick Tips to Protect Yourself
According to the FBI, scammers take advantage of seniors to the tune of billions annually. A lot of this happens because seniors own a massive amount of U.S. real estate, a hard and valuable asset. To avoid enriching the wrong people, keep our five tips in mind. Consider sharing this column with friends who need…
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When a Co-Owner Has Dementia: What’s Ahead?
Do you co-own a home? Then you could one day be asking if your deed can be signed over to someone else if either co-owner develops dementia. You might even want to transfer the deed entirely, and move to a place that will be easier on one or both of you. Let’s take a look…
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Seniors Under Pressure: Could Someone You Love Sign a Deed Away?
It’s an all-too-common story. You’re caring for your parent, who’s a deed holder. And when you’re not looking, another person persuades the senior to sign over the deed. Who puts pressure on elders to give away their homes? It could be a renter. Maybe an acquaintance or relative. Maybe a health assistant or handy person. …
