Tag Archive for: springing power of attorney

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

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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).

Taking Precautions Against the Coronavirus [Episode 140]

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Attorney-CPA Joe Cordell and co-host Jill Enders dive into the topic of the coronavirus. They talk about their own experiences at restaurants and grocery stores, before diving into how it can affect seniors and their families.

Joe and Jill highlight some of the necessary estate planning documents that seniors need to have in place. Joe emphasizes the need for a durable Power of Attorney (4:19), and announces that TuckerAllen will be creating free durable Powers of Attorney for those with a photo ID, who come to their Chesterfield location, between 9 a.m. to 11 a.m., Monday, March 16, 2020, at 600 Kellwood Parkway, Suite 300, Chesterfield, Mo. 63017 (5:43).

Joe and Jill begin discussing safety within assisted and community living facilities and how these types of environments may be affected by the coronavirus and its ability to spread (8:41). They offer every day tips on how to better stay safe and healthy during this coronavirus outbreak (14:12). They also talk about how technology can assist society in how we function during these challenging times (21:00).

Joe also discusses the importance of having an emergency notification device that can help alert others of any type of emergency that can arise (23:20). He also describes each of the legal devices that make up a comprehensive estate plan and how they are essential with all of the health risks that have arisen (28:17).

Understanding the Vitality of a Plan [Episode 137]

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Attorney-CPA Joe Cordell and co-host Jill Enders are joined by attorney Jessica Jax, on this edition of ElderTalk with TuckerAllen. On this episode, Jessica joins Joe and Jill to discuss the recent merger of Cordell Planning Partners and TuckerAllen, as the new firm looks to assist clients with their plans for the future.

The group talks about the primary to-do items that people need to have in place when planning for the future, including an active Power of Attorney, financial planning for long-term care, and asset planning.

They talk about what goes into making the choice of an agent of a Power of Attorney, as well as the difference between a conservatorship and a guardianship. Jessica explains the functions of probate court and emphasizes why proper planning ahead of time can make probate court easier.

Jessica also talks about the financial options involved in paying for long-term care, as well as planning and applying for Medicaid. She also dives into the importance of making decisions, in regards to your assets.

Be Discerning When Choosing a Power of Attorney Agent [Episode 134]

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Attorney-CPA Joe Cordell and co-host Jill Enders highlight why it is important to be cautious and discerning when choosing someone to represent your interests when signing a Power of Attorney document. With all of the scams and potentially negative behavior that seniors can be vulnerable to, it is necessary to entrust your health, finances, and decision-making abilities in the event of your inability to do so for yourself, in the hands of someone you know and trust.

They are joined by their celebrity reporter online editor Dan Pearce, as they discuss a pending case in Florida, in which a Power of Attorney document was misused to allegedly spend the funds of an ailing senior on the agent, themselves. They dive deeper into the situation and break down the unique role of a professional guardian and additional cases that this individual is involved in.

Joe and Jill talk about what can be learned from a situation like this and why it is vital to seek legal advice in situations like this, so that you and your assets can be protected.

Maintaining Control Through the Aging Process [Episode 38]

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Attorney-CPA Joe Cordell and co-host Susan Arthur discuss how seniors can maintain and maximize control through the aging process.