Why You May Need a Trust in Addition to a Power of Attorney
Aaron E. Connor, Esq.
Managing Partner, Pierro, Connor & Strauss
Kristen A. Peck, Esq.
Associate Attorney, Pierro, Connor & Strauss
December 4, 2021
Hosts: Aaron E. Connor and Kristen A. Peck
While everyone should have a durable power of attorney that appoints someone to act for them if they become incapacitated, in some circumstances it is not enough. In these cases, a revocable trust can help.
On this show, estate planning attorneys Aaron Connor and Kristen Peck explain the powers of these legal tools and when they play essential roles in legal and financial protection. Join us to learn:
What you should consider when choosing a Power of Attorney (POA)
How the POA steps in to handle legal and financial matters
How New York’s POA “Form” recently changed
If and when a POA can be rejected by an institution
How a Revocable Trust offers more protections, privacy and avoids probate
And more, including real-life examples!
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