Word: hankins
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Dates: during 2000-2009
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...Angeles lawyer Marc Hankin watched as his father's Alzheimer's gradually robbed him of his ability to function and imposed devastating financial strains on his family. So Hankin, now 51, vowed that he would be ready in case he ever suffered any such disability. He has worked out a novel strategy to define when to activate his living trust--a document that designates people to manage his affairs if he no longer can. He has named his wife and his three closest friends to a competency committee, and granted them the power to declare him unfit and take control...
...attorney for health and wealth, to spell out who should take over when they have lost capacity. Many would prefer to have others take charge of their affairs a little at a time as needed, rather than all at once. That's the intent of the customized conservatorship that Hankin designs for clients--facilitated by the terms of a pioneering state law that he helped craft...