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hey there Im a state planning attorney Paul rambolay and in this video Im going to address which is better for your future in capacity planning a power of attorney or a living trust so when someone thinks about the reasons to create a living trust its not common to First think about making it easier for loved ones to transact for you during your lifetime when you become incapacitated in fact when most people think about the living trust they first think avoid probate and when someone thinks about having another transact for them in the event of incapacity they think durable power of attorney so lets start from the beginning and discuss what can and cant happen if at some point during the rest of your lifetime you become incapacitated and a transaction needs to occur on your behalf Im going to address three situations having no legal plan in place having a power of attorney as your incapacity plan and how a revocable living trust can play into your incapacity plan first if you hav
