Powers of Attorney
By Martin Shenkman, CPA, BMA, JDPractical discussion of powers of attorney, durable powers, springing powers, and many variations of this vital estate and legal planning document. Explanations of HIPAA (health insurance accountability and portability act) and its impact on your power of attorney. Should your power be a springing power or effective immediately? What about gift provisions? Should you permit gifts? How should that power be limited? If you want to address elder law planning should you use and unlimited gift power?
