Shenkman Law

Client PortalClient Login
  • Services
  • The Firm
  • Blog
  • Newsletter
  • Press & Awards
  • Resources
  • Webinars
  • Podcasts
  • Contact
« Back

    Safe Powers of Attorney

    WealthManagement.com
    Jul 30, 2015

    Martin M. Shenkman 

    Powers of attorney (POAs) are one of the most basic and important estate planning
    documents. Even most nonprofessionals are well aware of what a power of attorney
    is and why they need one. A problem with POAs is merely obtaining a good, even
    great, legal document, will rarely suffice on a number of levels. For example, a
    document alone won’t prepare an agent to act. A well-crafted document might
    reduce the risk of an agent or third party using the POA to steal funds from the
    principal, but the document alone isn’t enough to really accomplish this goal. More
    is needed.

    Many of the comments below were drawn from a presentation at the AICPA
    “Advanced Estate Planning Conference” chaired by Robert S. Keebler, CPA in Salt
    Lake City, Utah on July 21, 2015 from a session entitled “Estate and Financial
    Planning for Chronic Illness.”

    Read his commentary here.

    No related posts.

© 2021 Shenkman Law
  • Services
  • The Firm
  • Blog
  • Press & Awards
  • Resources
  • Contact
  • Privacy Policy
  • Site Map
  • Code of Ethics
  • ADV 2A Firm Brochure
  • Chronic Illness
  • LawEasy