Discuss role and purpose of a will and of power of attorney


Problem

Judy and Stan each have a Will - these documents were prepared several years ago before their grandchildren were born. They have arranged a consultation with their solicitor to prepare new Wills. Also at this meeting they want to discuss the possible preparation of Power of Attorney documents.

• Generally, discuss the role and purpose of a Will and of a Power of Attorney.

• With reference to the specific circumstances of Judy and Stan, what revisions might be appropriate to their Wills.

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Finance Basics: Discuss role and purpose of a will and of power of attorney
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