Gifting Powers – Trust And Financial Power Of Attorney

In some cases, clients will want to allow their Trustee or Financial Power of Attorney (agent) to have the power to gift assets. This could be beneficial if there is a need to transfer assets prior to your death, consistent with your estate plan. In Ohio, it is important to ensure providing this power or use of this power is only done when consulting with legal counsel. Elliott Stapleton is an attorney in Cincinnati, Ohio. This video covers the estate planning and trust administration topics addressed working with Elliott.