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Understanding Power of Attorney
There are times when you might need someone else to make important decisions on your behalf. These decisions could involve your finances, property, medical care, or other personal and legal matters.
A power of attorney (POA) is a legal document that allows someone else to act for you in specified matters. The person granting the authority is called the principal, while the individual given the power to act is called the agent or attorney-in-fact. Your agent does not need to be a lawyer—they can be anyone you trust.
Types of Power of Attorney
Power of attorney can take different forms depending on your needs. Some are limited to specific tasks, while others provide broader authority. Typically, a standard POA ends if you become incapacitated or pass away.
A durable power of attorney, however, continues to be effective even if you become mentally or physically unable to manage your affairs. This type of POA is often included as part of a living will or health care directive. For instance, you might designate a durable POA to make medical treatment decisions for you if you are seriously ill or injured and cannot communicate your wishes.
Preparing Your Durable Power of Attorney
We offer assistance in creating durable powers of attorney tailored to your needs. This can include:
Financial Durable Power of Attorney – authorizes someone to manage your finances and property.
Medical Durable Power of Attorney – allows an agent to make healthcare decisions for you.
These documents can also be incorporated into a living trust or living will, helping you plan for the future with confidence.
To get started, please fill out the contact form for pricing and more information.
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