Powers of attorney essential for every estate plan

by Ryan Conklin

So much of the farm succession planning discussion centers on trusts, wills, LLCs, and other legal tools. While these instruments may garner the most attention in your discussions, there are some other documents that are equally as important: your powers of attorney.

Powers of attorney (POAs) are documents that have no bearing on what happens to your property when you pass away. Instead, POAs are used to tackle issues that arise while you are still alive, but do not have the capacity to make decisions for yourself. Let’s briefly examine each POA form.

Click here to read the rest of the article on the Ohio Farm Bureau website (opens in a new tab)




More Posts