Sign up to save your podcasts
Or
Share Avoiding Power of Attorney Mistakes [Episode 97]
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Avoiding Power of Attorney Mistakes [Episode 97]
Attorney-CPA Joe Cordell and co-host Susan Arthur highlights
cautionary tales of celebrities and notable figures who have made mistakes in
planning for the future. They talk about how these individuals’ care and
finances went wrong before they died, due to the lack of protection and
planning for the uncertainty of the future.
Joe and Susan talk about the importance of trusting the
person that you give agency of your well-being in your Power of Attorney and
weighing the pros and cons of choosing a child or family member, considering
whether or not they have good judgment and will look out for your best
interests.
They talk about the cases surrounding Hollywood actress
Brook Astor, radio personality Casey Kasem, astronaut Buzz Aldrin, author
Harper Lee, Marvel Comics great Stan Lee, and businessman Sumner Redstone. Joe
breaks down the types of Powers of Attorney and when they would take effect, as
well as the oversight that Powers of Attorney need, in order to prevent
problems while incompetent.
Joe highlights the benefits of having a trust and how
important designating a trigger and trustee is to the protection of your
assets.
View all episodes
By Life's Third Act
5
66 ratings
Attorney-CPA Joe Cordell and co-host Susan Arthur highlights
cautionary tales of celebrities and notable figures who have made mistakes in
planning for the future. They talk about how these individuals’ care and
finances went wrong before they died, due to the lack of protection and
planning for the uncertainty of the future.
Joe and Susan talk about the importance of trusting the
person that you give agency of your well-being in your Power of Attorney and
weighing the pros and cons of choosing a child or family member, considering
whether or not they have good judgment and will look out for your best
interests.
They talk about the cases surrounding Hollywood actress
Brook Astor, radio personality Casey Kasem, astronaut Buzz Aldrin, author
Harper Lee, Marvel Comics great Stan Lee, and businessman Sumner Redstone. Joe
breaks down the types of Powers of Attorney and when they would take effect, as
well as the oversight that Powers of Attorney need, in order to prevent
problems while incompetent.
Joe highlights the benefits of having a trust and how
important designating a trigger and trustee is to the protection of your
assets.