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Home / News Stories / Revocable living trusts …plan for an incapacity of wealthy clients (access required)

Revocable living trusts …plan for an incapacity of wealthy clients (access required)

When a durable power of attorney is not enough

You have reviewed your new client’s intake questionnaire. She is an 80-year-old widow with three children, two grandchildren and two great grandchildren. Her net worth, including her mortgage-free home, is about $3.5 million. She has a good government pension as well as income benefits from her late husband. She is delightful. Witty. Irreverent. Her two daughters ...