Did you know that many trusts and powers of attorney include a provision stating that a person is considered incapacitated if they’ve been missing for more than 30 days? Seems odd, right? But real-life cases prove why it’s necessary.
For example, last year there was a New York Times article about a man who vanished—only for authorities to suspect he faked his own death to meet a woman from Uzbekistan.
So, before you disappear, fake your death, or run off on an adventure, consider executing power of attorney documents or a trust. That way, your family can handle your affairs while you’re…away.
If you have questions, and you’re in Arizona, let’s talk.