A explain the purpose of a power of attorney including the, Ask an Expert

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a. Explain the purpose of a Power of Attorney including the difference between a general and enduring power of attorney.

b. Briefly discuss the circumstances in which a power of attorney can be cancelled.

c. Mary is an only child and is worried about the state of her elderly parents’ health. She is particularly worried that her dad might be in the early stages of dementia, although no formal diagnosis of this has been made. What estate planning strategies would be appropriate for Mary’s parents?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93050403

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