AIPBN Learns About Power of Attorney
Aging in Place Business Network May 1, 2020: Practical Considerations for Power of Attorney
with Lelia and Michael Winget-Hernandez of Commonwealth Life & Legacy Counsel
A power of attorney is one of the most important estate planning documents you can have. It allows a person you appoint - your "attorney-in-fact" or agent - to act in your place for financial or other purposes when and if you ever become incapacitated or if you can't act on your own behalf. It can permit the agent to pay your bills, make investment decisions, take planning steps, and take care of your family when you can't do so yourself.