Sebastian D'Acunto Quoted in Financial Advisor on Power of Attorney

In an article for Financial Advisor IQ, Pullman & Comley Trust & Estates attorney Sebastian D'Acunto discusses the importance of selecting the right person to hold power of attorney. While many clients instinctively choose their oldest child, Seby emphasizes that the decision should be based on specific qualities like being levelheaded, a good listener, and having a clear understanding of the client's goals. He also highlights that time and capacity to handle difficult decisions are crucial when selecting the right person for this role.

In addition to selecting the right individuals for power of attorney or healthcare directives, Seby stresses the importance of clear communication. He notes that keeping those chosen individuals informed about the client’s wishes is critical for avoiding misunderstandings. "They keep each other honest, so to speak," Seby says, when discussing the option of appointing two people or a trust company to manage decision-making, particularly in the context of complex family dynamics. Regular reviews and updates to estate documents, along with open family communication, help ensure that plans remain current and well understood by all involved.

To read the full article, please visit the Financial Advisor IQ website.