What Are Powers of Attorney—and Why Do They Matter?

Most people have heard of a power of attorney—but don’t realize how important they can be. Loren Merkle and Molly Nelson sit down with estate planning attorney Charlie Bottenberg to explain why both a financial and medical power of attorney are critical parts of your estate plan. Charlie walks through real-life scenarios—including one where a business owner couldn’t make payroll after a stroke—and explains what happens when these documents are missing. You'll also learn why simply naming someone isn’t enough: they need to understand their role and have access to the paperwork when it matters most.
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Watch the full episode here:    • The Basics of Estate Planning (Wills, Trus...  
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Loren Merkle
CFP®, RICP®, Certified Financial Fiduciary®
https://merkleretirementplanning.com/...

Molly Nelson
Host of Retiring Today with Loren Merkle
https://merkleretirementplanning.com/...

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