When it comes to estate planning, many people focus on wills and trusts. However, there’s another legal document that plays a crucial role in a comprehensive plan—a Power of Attorney (POA).
A POA addresses difficult but necessary questions, such as: Who would make financial decisions if you couldn’t?
In this episode of the “Navigating Life Transitions” podcast, JNBA Financial Advisors Senior Advisor and Tax Planning Manager Chris Mastley and estate planning attorney Jayne Sykora join host Kim Insley to discuss the financial and life considerations involved in creating and activating a POA. The 34-minute episode explores the nuances between durable and nondurable POAs, how many individuals can be granted POA authority, considerations for adult children, and more.
“Navigating Life Transitions” can be found on Apple Podcasts and Spotify. For those who prefer to watch podcast videos, you can also find this episode on YouTube. For more information, and access to all past episodes, visit jnbanavigatinglifetransitions.com.
Due to various factors, including changing market conditions and/or applicable laws, some of the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors. All services provided by Kim Insley are separate and independent of JNBA Financial Advisors, LLC. All services provided by Jayne Skora are separate and independent of JNBA Financial Advisors, LLC.
Please see important disclosure information at jnba.com/disclosure
