A Power of Attorney is a document executed by a competent individual (the principal) that names an agent to handle the principal’s financial affairs. Powers of Attorney can be very simple or very specific and complex. Some powers of attorney authorize the agent to act on the principle’s behalf immediately upon execution of the document, while others require a finding of incapacity by a physician before the agent may act.

Entrust will act as the agent under a power of attorney in select cases. While the cost of administration may be higher when acting as a conservator, Entrust prefers and welcomes the oversight provided by court in a conservatorship administration.

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