The advantages of a power of attorney
You can define your preferences down to the smallest detail.
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Becoming incapacitated due to an accident, illness or the effects of old age, and being unable to make decisions for yourself: it could happen to anyone. By granting a power of attorney, you can plan for this eventuality today.
You appoint one or more people to manage some or all of your assets and make decisions about you, according to your wishes. You’re free to change your preferences as long as you still have capacity.
We can guide you in granting a power of attorney. Our team of experts will help you define what suits you best. Contact us to schedule an appointment.
Your private banker or wealth manager is your trusted partner. They can:
The advantages of a power of attorney
You can define your preferences down to the smallest detail.
Tailor-made
You appoint one or more people as your attorneys – your spouse, children and/or third parties – decide which powers they will have and determine when those powers will take effect.
Total flexibility
You can revoke your power of attorney at any time if you wish to change its content and/or your attorneys, as long as you’re still able to express your wishes.
Passing on your assets
A power of attorney is not a tax planning vehicle per se. However, it allows you to take actions as part of your estate planning, such as making gifts.
Working with your private banker or wealth manager, one of our Estate Planners will help you:
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