Why You Don’t Want a Springing Power of Attorney
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Q. My sister recently discussed the topic of power of attorney with her family at a family meeting. She is planning to use an online service (which I know is a bad idea from one of your recent articles on this subject) and is considering doing a
springing power of attorney, where the power would take effect only if and when she is declared incompetent by a doctor and unable to act for herself. We have a power of attorney done by your office as part of the comprehensive Level 2 Planning we did with your firm, and it is not springing, but rather became effective the moment we signed it. Now I’m questioning whether we should do a springing power of attorney instead — as this sounds a lot safer. What do you think about a springing power of
attorney as opposed to the immediate powers of attorney that we signed? Thanks for your help!
Critter Corner: Spending Memorial Day with Senior Loved Ones
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My dad, an Army veteran, comes from a long line of US military veterans from all branches. He is in the early stages of dementia, but Memorial Day has always been important to him. Since we’re all vaccinated, we can do more this year. What are some good ways to spend Memorial Day with my dad this year?
Order Books by Evan Farr, 4-Time Best-Selling Author
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Certified Elder Law Attorney and Medicaid Asset Protection Expert, Evan H. Farr, CELA, has written four best-selling books in the field of elder law. For more information and to order, click here.
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