Marc M. Stern Featured in MarketWatch's The Moneyist
April 25, 2024 – Media MentionMarketWatch
Marc M. Stern, a partner in Private Client Services, was quoted in MarketWatch in response to the question: My stepfather is in a nursing home with dementia. His daughter whispers, 'Where are your paychecks?' in his ear. How can my mother protect him?
Excerpt:
Marc M. Stern, partner in the private client service group at Greenberg Glusker in Los Angeles, says if Sam executed a financial power of attorney when he signed the healthcare POA, there may be someone else with the power to oversee his finances. "Similarly, if Sam had a trust, the successor trustee should be able to manage the finances while Sam lacks capacity."