Your children or spouse might not be the best power of attorney — what you can do about it

11/26/24 at 03:00 AM

Your children or spouse might not be the best power of attorney — what you can do about it 
Medical Economics; by Howard Enders; 11/25/24 
It’s easy to assume that your spouse or children will be the most suitable candidates for this role, but that isn’t always true. Family members may be emotionally compromised or lack the expertise needed to handle complex medical or financial decisions. So, how can you ensure that your health, finances and legacy are protected? Let’s explore the key elements of estate planning, including setting up the right power of attorney, maximizing savings for future medical expenses and preventing unnecessary financial burdens on your loved ones. ... [Click on the title's link to continue reading.]

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