The Power of Attorney Doesn't Work! (With an Account in a Trust)

You need to use the right tool for a specific job. When it comes to estate planning with a revocable living trust, there are multiple tools involved. If an account is rightly titled in a revocable living trust, then someone using the power of attorney to gain access is likely to fail. So what are your options? In this installment, Jeff reviews why a durable general power of attorney doesn’t work on accounts in a trust and the possible solutions to grant financial access to someone else. Estate Planning Basics book: https://www.amazon.com/dp/193589613X Estate Planning Basics audiobook: https://www.plainenglishattorney.com/pl/2147622091 #estateplanning #revocabletrust #livingtrust #revocablelivingtrust #powerofattorney