What Is a Power of Attorney?
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What Is a Power of Attorney?
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Episode 11: In this episode of the Protect Your Nest podcast, Louisville estate planning attorney Brandon Lawrence discusses Power of Attorney documents. He outlines the key differences between general, limited, durable and springing POAs. A Power of Attorney authorizes your designated agent to make transactions on your behalf. These could be financial, involve healthcare decisions, or other types of actions. In Kentucky, a POA is only valid while you (the principal) are alive. It automatically terminates upon death. Ideally, your Will and/or trust will take control. Brandon also discusses what happens if your agent becomes incapacitated or dies, before you. There are steps you can take to ensure your intentions are able to be carried out.
Until next time, I'm Louisville estate planning attorney Brandon Lawrence. This has been Protect Your Nest. Let's talk it over.
Have More Questions or Want to Set an Appointment with Brandon?
Website: www.LawyerForTheCity.org
Phone: (502) 996-7735
Email: Help@LawyerForTheCity.org
This podcast is meant to provide information and is not legal advice. Brandon's principal office is located at 101 N. 7th Street, Louisville, KY 40202.