An incapacity plan will typically include a document called a durable power of attorney. With a durable power of attorney you name an agent or attorney-in- fact to act on your behalf in the event of your incapacitation.
Topics covered in this report include:
- Incapacity is Widespread
- Guardianship or Conservatorship
- Durable Powers of Attorney
- Choosing an Agent
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Founder and Owner at Parman & Easterday
After helping his own family deal with a lengthy probate and the IRS following his father’s untimely death in a farm accident, Larry Parman made a decision to help families create effective estate plans designed to reduce taxes, minimize legal interference with the transfer of assets to one’s heirs, and protect his clients’ assets from predators and creditors.
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