Power of Attorney and Trusted Contact Person: Financial Advisor Essentials

By AGF Management Limited

Link to course

Gain a better understanding of these two key roles that affect clients.

Encouraging your client to name a power of attorney (PoA) for property and a trusted contact person (TCP) promotes effective estate management and mitigates financial exploitation, respectively.

In this video, Michael Kulbak of Kulbak Trust Solutions explains the two roles’ requirements and functions, compares the roles, and presents real-life examples that illustrate the roles’ impact on clients’ finances. Along the way, he offers practical tips so financial advisors can help clients name PoAs and TCPs and ensure the roles are performed effectively.

Take the course at the following link: CE Corner | Power of Attorney and Trusted Contact Person: Financial Advisor Essentials