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“What is better, a Will or a Trust?”

“What is better, a Will or a Trust?”

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐚 𝐜𝐨𝐦𝐦𝐨𝐧 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧 𝐰𝐞 𝐠𝐞𝐭. 𝐖𝐡𝐢𝐥𝐞 𝐦𝐨𝐬𝐭 𝐩𝐞𝐨𝐩𝐥𝐞 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐭𝐡𝐞𝐲 𝐧𝐞𝐞𝐝 𝐚 𝐖𝐢𝐥𝐥, 𝐭𝐡𝐞𝐲 𝐚𝐫𝐞 𝐮𝐧𝐟𝐚𝐦𝐢𝐥𝐢𝐚𝐫 𝐰𝐢𝐭𝐡 𝐑𝐞𝐯𝐨𝐜𝐚𝐛𝐥𝐞 𝐓𝐫𝐮𝐬𝐭𝐬. 𝐇𝐨𝐰𝐞𝐯𝐞𝐫, 𝐟𝐨𝐫 𝐦𝐚𝐧𝐲...

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𝐖𝐡𝐲 𝐢𝐬 𝐦𝐲 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐀𝐭𝐭𝐨𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐢𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞𝐥𝐲, 𝐰𝐡𝐞𝐧 𝐈 𝐨𝐧𝐥𝐲 𝐰𝐚𝐧𝐭 𝐢𝐭 𝐭𝐨 𝐛𝐞 𝐮𝐬𝐞𝐝 𝐰𝐡𝐞𝐧 𝐈’𝐦 𝐢𝐧𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐚𝐭𝐞𝐝?

𝐖𝐡𝐲 𝐢𝐬 𝐦𝐲 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐀𝐭𝐭𝐨𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐢𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞𝐥𝐲, 𝐰𝐡𝐞𝐧 𝐈 𝐨𝐧𝐥𝐲 𝐰𝐚𝐧𝐭 𝐢𝐭 𝐭𝐨 𝐛𝐞 𝐮𝐬𝐞𝐝 𝐰𝐡𝐞𝐧 𝐈’𝐦 𝐢𝐧𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐚𝐭𝐞𝐝?

This is an excellent question raised by many of our former clients. Allow us to begin by explaining the purpose of a Financial Power of Attorney,...

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