As summer approaches, many parents are planning fun getaways with their children. However, few consider what would happen to their kids if an emergency occurred during their travels.
Actress Shannen Doherty's death last year highlights how critical timing can be when it comes to estate planning during divorce. Her last-minute divorce likely saved her estate millions and prevented years of legal battles.
If you've ever considered planning for your future or helped someone plan for theirs, you've probably heard the term "power of attorney." But do you know what it is and how it works?