Springing vs Durable Power of Attorney | #RichLifeLawyer Show 72
Many people don’t realize there are actually two different types of power of attorney.
One type, the springing type, doesn’t actually exist until the person whom the power needs to be used for is incapacitated.
The other type, durable, exists the moment the power of attorney is signed.
Why does this matter? Why is it important?
There are critical differences between the two that can make a family’s life easy or hard, depending on the choices made.
To learn more, watch the video…
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