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Portfolio > Alternative Investments > Real Estate

MetLife Unit Helps With Powers Of Attorney

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NU Online News Service, Dec. 20, 2004, 1:25 p.m. EST

Hyatt Legal Plans, Cleveland, has seen a big increase in member demand for estate-planning services.[@@]

Hyatt, a subsidiary of MetLife Inc., New York, runs group legal plans.

Member usage of Hyatt legal plans for preparation of wills, living wills, trusts and powers of attorney has increased 139% since January 2000, Hyatt says.

About 36% of the estate-planning business involves preparation of powers of attorney, and 31% involves preparation of wills. Another 24% of the group legal business relates to preparation of living wills.


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