Springing Financial Powers of Attorney
Estate planning is about more than preparing for the inevitable. A good estate plan should also consider the unexpected. Your plan may have detailed instructions for what happens when you are no longer around, but what if something goes wrong while you are alive?
While every estate plan should feature a financial POA, a springing financial POA requires a little more nuance to overcome its limitations. Even when carefully written, a springing financial POA can pose problems that may not be easily resolved. That said, some people dislike the idea of making a financial POA effective immediately, and wish to have a financial POA kick in only when it is absolutely necessary. Learn more from Eileen Kerlin Walsh’s Facebook Live: watch the replay here.
