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Alternatives to Special Needs Trusts

Special Needs Trusts

Special needs trusts are considered the most effective way to gain tax breaks and ensure the best level of protection for your loved one, and they are covered in more detail in previous blogs. But these trusts cost time and money, and the trustee may be placed in difficult situations. Not every situation is the…

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Financial Power of Attorney After Death

Financial Power of Attorney

People often ask, can I obtain financial power of attorney after death? The answer: no. Power of attorney must be given when the principal (the person giving POA) is still alive and ends upon his/her passing. A common misconception is that POA lasts after the person passes, giving the agent the right to continue dealing…

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