Incapacity planning includes specific tools such as durable powers of attorney. A durable power of attorney gives you the ability to mange someone, an agent, who will have the legal ability to begin managing your affairs immediately upon your incapacitation. Should you regain your ability to make choices, you can then relieve your agent of his or her responsibilities.
Topics covered in this report include:
- Making Inheritance Choices
- Addressing Incapacity
- Trusting in Trusts
- Assembling the Pieces Into a Whole
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Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
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