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Joseph E. Cordell

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The Application of Estate Planning During the Coronavirus Pandemic [Episode 145]

April 18, 2020 by Dan Pearce

Attorney-CPA Joe Cordell and co-host Jill Enders are joined by TuckerAllen attorney Teresa Yao, to talk about the application of estate planning, as it relates to the current Coronavirus (COVID-19) pandemic.

They talk about the importance of having your estate planning documents in place, so that decisions can be made on your behalf, in case of your incapacitation (3:29).

Teresa highlights what can happen if you do not have your estate plan in place (12:24). Jill describes the challenges that seniors who do not have family members face during this difficult time (19:48).

Teresa talks about how the current state of unemployment and how that may affect your ability to hire an attorney for estate planning (26:18), as well as how to avoid probate (32:47).

She breaks down what trusts do, in protecting your assets for your loved ones and how important they are in an estate plan (34:24). Teresa also talks about the deal that TuckerAllen is offering for a complimentary durable Powers of Attorney during the pandemic (38:25), as well as a deal for listeners of ElderTalk with TuckerAllen (41:58).

https://media.blubrry.com/lifes_third_act/media.blubrry.com/eldertalk/content.blubrry.com/eldertalk/ElderTalk-Air-Date-4-18-20-WEB.mp3

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Filed Under: ElderTalk, Podcasts Tagged With: Coronavirus, COVID, COVID-19, how does power of attorney work, how to sign as power of attorney, power of attorney for health care, springing power of attorney, What is a durable power of attorney

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