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State of Rev 133C7E0 POWER of ATTORNEY for MY HEALTH CARE  Form

State of Rev 133C7E0 POWER of ATTORNEY for MY HEALTH CARE Form

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today we've been talking about how important it is to have a financial power of attorney as part of a revocable living trust centered estate plan and that's simply because like i talked about in the last two videos it allows your power of attorney to transfer assets that were forgotten for whatever reason and are not in the name of your trust into the name of your trust this is very very important and can literally save thousands of dollars in avoiding probate because everything that's in your trust like we've talked about does not have to go through the probate process but if you forget and you leave an asset out like a rental house or a bank account outside of the trust then it most likely is going to have to be probated and that defeats the whole purpose of having that trust so it's super important to have a revocable living trust centered estate plan with a power of attorney

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