Besides making deposits and withdrawals and paying bills, there are many other financial transactions in our lives. Things such as making investments, selling assets, running a business, and filing a tax return can only be done on your behalf when you have appointed an attorney in a Continuing Power of Attorney for Property. The Family Law Act refers to the home which is shared by two spouses as the 'matrimonial home'. According to this law, the signatures of both spouses are required to sell or refinance the matrimonial home, regardless of whether one or both of the spouses owns it. There are all kinds of situations where a signature is required to finalize a financial transaction.
Mental incapacity can happen to any one at any age.
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