The expense and care demands of an aging population have introduced new hurdles to our efforts to provide clients with safe and secure passageway “to and through retirement.” Along the way, there will be hurdles and few hurdles could be more disruptive than our clients’ inability to make decisions.
Imagine the prospect of eliminating the disruptive impact of dementia and incapacitation on client relationships while establishing immediate bonds with younger family members.
Estate planning tends to focus on what happens after death, when our biggest planning challenges happen before death. One of the most important instruments, the Power of Attorney (POA), is only effective during your client’s lifetime and is one of the most disregarded legal instruments in the suite of estate planning documents. But, when properly prepared and applied, it’s value to your client and practice are immeasurable.
David Sterling, Esq., empowers you to have discussions with your clients and understand how the POA can address a broad range of critical issues that many advisors overlook.
This webinar features:
– Distinguishing General POAs vs Durable POAs vs Springing POAs
– From actual client cases, identifying the proper and improper use of POAs
– Techniques for navigating the terrain of internet based document providers
– Overcoming challenges presented by blended family relationships
– Enhancing your relationship with clients and extended family members
– Addressing encounters with client custodians rejecting attorney prepared POAs
– The POA as a bridge to strategic relations with attorneys and accountants