Durable Powers of Attorney Discussed
As individuals approach retirement, the need for a power of attorney increases significantly. Statistics suggest a high percentage of people over 40 may not have adequately planned for retirement essentials like Social Security, Medicare, or the longevity of their funds. A power of attorney becomes crucial for managing affairs when individuals can no longer do so themselves.
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Sources · 7 independent
KIRO FM Seattle
“And so the reason we're talking about this is because as you move into retirement, the need or the potential need that you're going to need a power of attorney at some point is increasing”
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