THE BENEFITS AND PITFALLS OF SPRINGING POWERS OF ATTORNEY

Often when you see an estate or Medicaid planning attorney, the attorney will include a “springing” power of attorney as part of your Will or Trust package.  This is a power of attorney that takes effect at the time of your incapacity or “springs” into effectiveness when needed.  Another name for such a power of attorney is a power of attorney to take effect at a future time.  The purpose of this document is to […]

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