There is a huge gap in the planning finanical planning and estate planning professionals often provide clients: planning for financial inability or incapacity. If there is any planning at all, it is often in the form of a bare-bones financial power of attorney. These normally contain no instructions from the principal to the agent, and sometimes are not accepted by holders of the principal’s accounts. Also, it is not uncommon for powers of attorney to be abused.
This coming Wednesday, November 17th, I am presenting a free one and one-half hour educational workshop on the topic, “Powers of Attorney: The Good, The Bad, The Ugly.” In this workshop I will explore the use and misuse of powers of attorney, which are our predominant method of planning for mental incapacity, and also explain a superior planning alternative by using a living trust.
The workshop will begin at 10:00 a.m. at Twin Creeks Retirement, located at 888 Twin Creeks Crossing, Central Point OR 97502. There is no requirement to register in advance.
Planning professionls or clients are welcome to attend. I am also willing to provide a private workshop on this topic for the clients of professionals. To schedule a date and time please contact me at (541) 324-1800.
