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Comments:
After reading you for decades, starting with your column in the Wall Street Journal, I can finally thank you for your advice by giving you some of my own: Get those medical and financial powers of attorney done! As a lawyer, I never prepared estate planning documents without including POAs. Wills are important after death, and trusts have their role, but POAs can benefit you and your loved ones while you’re still alive, should you become incapacitated. I relied on POAs countless times while caring for a relative during his ten years of dementia, before he died in his nineties. They allowed me to access his accounts, life insurance policies, safe deposit boxes, etc., and monitor his health care, including ensuring respect for his end-of-life wishes. You've helped so many of us with your advice -- now please get this done for yourself!
Post: What I Don’t Own
Link to comment from March 4, 2023