
Why Is Power of Attorney So Important for Estate Planning?
Estate planning takes a lot of time, but another factor that needs to not be overlooked is having a power of attorney.
Estate planning takes a lot of time, but another factor that needs to not be overlooked is having a power of attorney.
Some problems can be avoided by proper planning, others by good practices during the estate administration process.
This is big concern for millions of older Americans who don’t have a spouse, children or other family they can depend on to watch out for their well-being.
Discussing estate planning with your parents is a conversation that can be difficult to have. You might not want to think about the day they are no longer here, or even consider that they might experience a decline in health that severely limits their ability to think clearly or communicate with you.