Can a power of attorney be used for estate planning?
A power of attorney is a part of a good estate plan. The part that the power of attorney plays is that if a person becomes disabled, hasn’t passed away, but becomes disabled and cannot therefore make decisions, handle their affairs because their brain has been affected or their body has been affected and they can’t sign instruments, the power of attorney can then take over as a fiduciary and do what needs to be done for that person who has lost the ability to do it.
