Does hearing “assets locked up” sound frightening? In fact, many seniors, due to dementia or cognitive decline, lose the ability to make financial decisions. As a result, bank accounts become inaccessible, medical expenses go unpaid, and daily life falls into hardship.

In this episode, we share the essential asset protection strategy for seniors — the Trust + Enduring Power of Attorney (EPA) combination, which helps you plan ahead and avoid having your assets “locked up” due to incapacity.

✅ Trust: Pre-allocate assets for daily expenses and medical costs, executed by a trust company to prevent misuse or disputes among family members.

✅ Enduring Power of Attorney (EPA): Appoint a trusted person or trust company to legally exercise asset rights on your behalf if you lose mental capacity.

👴 Case Study: After Mr. Lau was diagnosed with early-stage cognitive impairment, he arranged his living and medical expenses through a Trust + EPA. This relieved his family from financial worries, allowing them to focus solely on caring for him.

👉 Want to know how to safeguard your future and your family’s well-being? Watch the video now!