Wednesday, December 16, 2015

Your Writing Business and Power of Attorney - Indies Unlimited

Just enjoying the sun today.
After a week of rain, today has been a sunny day in Panzerville. Panzer got up from his afternoon nap, took a leisurely stretch and casually strolled over to the Panzermobile. After our happy kitty boy tootled around in the Catosphere for a while, he decided to stop in at the Indies Unlimited blog. There he found an interesting post by Melinda Clayton.

Ms. Clayton's post concerns the issue of the handling of a writer's financial affairs if he or she becomes incapacitated. She decided to look into this after she had to have surgery. (Ms. Clayton gives the usual legal disclaimer material: "I am not an attorney, etc.") She explains the information she learned about a Durable Power of Attorney for Financial Management. If a writer becomes unable to handle their financial affairs, the DPA for Financial Management gives the appointed "agent" the right to collect the writer's royalties, make tax payments, make decisions about property, etc. All writers should at least consider investigating this option in case of an accident or surgery.

Panzer says, "You can always change your mind or change your appointed "agent" or cancel your document if you want."

Note: You'll want a cup of tea and muffin for your reading today.

To read the post, tootle over to your writing business

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