Moderator Scott Trout chats with TuckerAllen estate planning attorney Kevin Mason to break down the key differences between springing and immediate powers of attorney.
Mr. Trout and Mr. Mason first define what a durable power of attorney is and how it factors into estate planning. They then discuss two specific type of POAs – springing and immediate. They explain how these two documents function differently and serve different purposes in the estate planning process.
If you have any questions or concerns about a POA or any other estate planning issue, contact an attorney at TuckerAllen.