Getting a Lasting Power of Attorney done is important.
After being appointed as a Deputy(Donee) in this case, for their own Special Needs Child, can be overwhelming as shared in this article.
Nothing in life is foulproof. As in Insurance Planning, creating a lump sum cash in the event of sudden or premature death is good. Distributing and allocating that sum to your intended love ones if another challenge. Many factors can complicate the distribution process: spendthrift beneficiaries, divorced beneficiaries, disgruntled benefitficaries feeling being treated unfairly, just to name a few…
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