Powers of Attorney to Help Elders or Secure Your Legacy
This presentation will review powers of attorney in-depth. What would happen if you or a loved one were to lose the ability to run the rental business? A power of attorney may be needed at any stage of life, but typically these are end-of-life or estate planning tools. Attendees will learn:
- What is a power of attorney?
- How do I create a power of attorney for myself? For someone in need?
- How a conservatorship can override an invalid power of attorney.
- How to prepare to hand over a rental operation.
- Things to look for when taking over a rental operation.
- Springing vs. immediate power of attorney.
- Powers of attorney vs. managers for LLCs.
We will also cover general organization, including best practices for sharing online passwords with family, budget and financial information, and rental forms.
Attendees will leave knowing how to keep a business running even as it changes hands under difficult circumstances.
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MassLandlords offers attendees of directly managed events a "No Sales Pitch" guarantee. If a guest speaker offers services, their presentation will not discuss pricing, promotions, or reasons why you should hire them. We do not permit speakers to pay for or sponsor events. Guest speakers are chosen for their expertise and willingness to present helpful educational content. Your purchase of an event ticket sustains our nonprofit model.
Training Options
This Course may given in-person or virtually and at various times. Make sure the time and venue you pick matches your schedule. It's the same curriculum whichever option you choose.
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