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![]() ![]() ![]() Our team of attorneyscan help you plan to avoid this type of situation and assign a power of attorney. Our team of attorneys can help you plan to avoid this type of situation and nominate someone to serve as your financial agent through a general durable power of attorney or someone to serve as your patient advocates through a healthcare power of attorney. Without a plan in place, your loved ones may have to go to court to determine who has the right to manage your affairs or make healthcare decisions for you. Unfortunately, you can lose the ability to manage your financial and personal affairs due to an illness, an accident, or simply as a result of the natural aging process. You may coordinate with a spouse, family member, or partner, but you also know that you are fully capable of doing it on your own. Helping You Plan Ahead to Secure Your FutureĪs adults, we are used to managing our own affairs. You can define which duties your agent is allowed to perform. In some cases, the principal may provide for 'springing power' that is, that you have power to act only if the principal has been determined to be incapable of acting. This person is called your agent and can perform a variety of tasks on your behalf including signing checks, making bank deposits, paying bills, purchasing insurance, buying or selling property, and other duties. For example, most powers of attorney provide for 'immediate authority' that is, they allow you to begin acting as soon as the principal signs the Durable Power of Attorney document. ![]() A power of attorney is a document that allows you to give someone the authority to manage your financial affairs. ![]()
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