The Durable Power of Attorney is no longer a luxury. For your Elder Law counsel, it has become essential.<\/p>\n
It is the worst economic downturn since the Great Depression of the 1930s. The decline and associated roller coaster ride on Wall Street has made durable power of attorney into not just a luxury when it comes to planning your estate, but an absolute necessity. Some Elder Law attorneys have come to view the instrument as even more integral to contemporary estate plans than a Will or Trust.<\/p>\n
A Dow Jones newswire column is a case-in-point. It presents the cautionary tale of a female elder who had recently lost half of $6 million in savings. The losses were incurred almost entirely on the stock market. The woman’s woes only intensified when she became incapacitated, and her relatives were stymied when attempting to shift her investments, becoming increasingly frustrated as various remedies were attempted as (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Durable Power of Attorney is no longer a luxury. For your Elder Law counsel, it has become essential. It is the worst economic downturn since the Great Depression of the 1930s. The decline and associated roller coaster ride on…<\/span><\/p>\n