Planned giving is an excellent way to remember those organizations and charities that have meaning or are special to you and your family. Gifts can be made while you are living or after you are deceased, and can be made from wills, trusts, annuities, retirement plans, or life insurance. Gifts can have a tremendous impact on the future of an organization or charity, enabling renovations and updates, expansion, and additional staff and services, just to name a few benefits.
As an estate planning attorney, I have worked with many clients who do not know what a Power of Attorney is, and why they should execute one as part of their estate planning documents. In this post, I am happy to explain the ins and outs of this important document, and why it’s necessary to any estate plan, for those of all ages. I’ll also explain the difference between a financial Power of Attorney and a medical Power of Attorney.
Get the award-winning guide and subscribe to our blog.