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This video tutorial explains the importance of having a power of attorney, emphasizing that probate can occur even while you're alive if you lack this legal document. It provides guidance on creating your own power of attorney for free in under 10 minutes, ensuring your family can manage your assets and make financial decisions if you become incapacitated. The video outlines three key topics: the consequences of not having a power of attorney, the steps to create one quickly and at no cost, and critical measures to ensure the power of attorney is valid and effective when needed. Viewers are encouraged to subscribe for more estate planning tips.
