A general “Power of Attorney (POA)” is a legal document designed to give an individual the authority to act on your behalf. A POA can be general or specific and can serve many purposes including, but not limited to, business, financial, and estate planning decisions.
A “Durable Power of Attorney” is a legal document that becomes effective once signed and remains in effect throughout incapacitation. This will would provide you the security and comfort of knowing that your affairs will be correctly handled by a person you trust should you become incapacitated.
A “Springing Power of Attorney” allows you to create a legal document that only becomes effective at a specified future date or upon the occurrence of a specified event, such as an incapacitation.
It is imperative that you understand your personal objectives and choose an individual you feel is trustworthy and capable of carrying out those objectives.
Our office can help you better understand the importance of designating an individual to handle your personal matters and guide you through the process. For a free consultation, call our office today.