Illness, injury and old age are virtual certainties in life. To take precautions against a time you may be unable to advocate for yourself, you need someone to represent your interests. In the legal world, that’s known as power of attorney.
A power of attorney (POA) is a document that allows you to appoint a person or organization to manage your affairs if you become unable to do so. While anyone can appoint a power of attorney for themselves outside the legal process, it’s wise to consult with one for a host of reasons. At the office of The Povman Law Firm, our attorneys can carefully explain about the powers being granted, counsel you on your candidate agent, and make sure your documents meets all legal requirements.
Usually, people look to a trusted family member or friend to be their power of attorney. Appointing someone close to you can give you peace of mind – and assurances that your wishes will be carried out. But it’s important to note that not all powers of attorney are the same. There are different types, giving your POA different levels of control.
A general power of attorney gives broad powers to a person or organization (known as an agent or attorney-in-fact) to act on your behalf.
Legally authorizing another person to act on your behalf under specific, clearly laid-out circumstances.
A general, special, or health care POA that has a durability provision to keep the current power of attorney in effect. You might also sign a durable power of attorney to prepare for the possibility that you may become mentally incompetent due to illness or injury.
At the office of The Povman Law Firm, we understand the complexities of legal documents and how they serve to protect your rights and your interests. Count on us to reduce your stress and your paperwork by handling your power of attorney needs in a timely and efficient manner. For more information on our services, give us a call today.
By The Povman Law Firm
August 22, 2019
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