Author: Matthew Shapiro

A Power of Attorney is a powerful legal document which delegates authority from one individual to another.  Specifically, the maker of the power of attorney, also known as the “principal,” grants the right to act on their behalf to an “agent.”

When it comes to owning a home, co-ownership is certainly not uncommon.  Even if one were to ignore co-ownership between a husband and wife, there are times when multiple siblings inherit a home from a deceased parent, or scenarios under which friends and family split the cost of a mortgage by jointly owning a home.

If you ask most individuals to describe the function of a will, chances are the majority will be able to at least state that it is a document used to transfer property upon one’s passing. Ask those same individuals to describe “probate” and you will you most likely be met with an inquisitive stare.