Your Power of Attorney: More Power Than You Think

The decisions you make today about your power of attorney can have lasting consequences for your financial security, your family, and your legacy.
 
In her Forbes article, “Your Power of Attorney: More Power Than You Think,” Day Pitney Trusts and Estates Partner Christine Fletcher explains why powers of attorney should be given careful consideration when drafted as part of your estate plan. Fletcher outlines key considerations when selecting an agent and determining the powers that the individual should have, including the ability to change beneficiaries and make gifts. She also discusses safeguards that may help protect individuals, their assets, and their intended beneficiaries.
 
The article is part of Fletcher’s ongoing estate planning column contributions to Forbes. Read the full column here. Read her collection of articles here.