What is a power of attorney, a trust, a will, and what does incapacity mean?
It’s important to define the terms that we use regularly: power of attorney, trust, will, and incapacity. The power of attorney, trust, and will are part of a comprehensive estate plan that ensures your family is protected during incapacity and at the time of death.
What is the difference between a power of attorney a will and a trust?
A power of attorney does something different than a trust does something different than a will. Here’s a summary of the most frequently used terms and their definitions.