Legal Question in Wills and Trusts in Florida
Power of Attorney
Why do you need a power of attorney if you have a living trust?
Asked on 9/30/08, 10:26 am
2 Answers from Attorneys
Elizabeth Schmitz
Elizabeth S. Schmitz Attorney at Law
Re: Power of Attorney
There are somethings that a power of attorney covers that are not covered by a living trust. For example, your power of attorney can authorize someone to file taxes for you. Your power of attorney can authorize your agent to change beneficiary designations. All of these things are things that the trustee of a living trust could not do.
You also may want to consider a power of attorney for health care that would allow someone to make health care decisions for you.
Answered on 10/01/08, 9:19 am
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: Power of Attorney
You do not.
Answered on 9/30/08, 10:59 am
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