What are co-owned assets?
If your Attorney is a family member, you may be joint owners of property. It is important to state this in your document, so that third parties dealing with your Attorney understand that the Attorney is entitled to co-own assets with you. Otherwise, the co-owning of assets could give the impression of impropriety.
If your Attorney-in-fact is a family member, you may be joint owners of property. It is important to state this in your document, so that third parties dealing with your Attorney-in-fact understand that the Attorney-in-fact is entitled to co-own assets with you. Otherwise, the co-owning of assets could give the impression of impropriety.