The durable power of attorney is another essential piece of a comprehensive estate planning strategy. This powerful tool can become essential to assisting in managing your finances during an emergency or unexpected circumstances. A durable power of attorney legally authorizes a person to make decisions on behalf of another and is not affected by the maker's incapacity. Often people find themselves enacting this type of tool so that their financial decisions can be made in the even they are unable to make those decisions themselves. Rosales & Rosales Attorneys can assist you and guide you in setting up this important and powerful document.
A durable power of attorney generally permits the person granted the authority to make several key decisions on your behalf, in the event you are unable to make these decision on your own. As stated above, the most common types of decisions being made will be in regard to your finances. The lists below are representative of a few things a person granted durable power of attorney can do on your behalf.
A power of attorney can be "durable" as it allows your appointed person to confirm to act on your behalf despite your incapacity thus preventing the need for others to seek legal Conservatorship or guardianship in the Probate Court, a long costly and public process.
Rosales & Rosales Attorneys are here to represent you as the client. We focus on your needs and wishes surrounding your finances in the event you need a durable power of attorney to make those decisions for you. We can help you in relaying your wishes and appointing and individual to enact them during unforseen or unexpected circumstances. Contact us today to discuss your tailored solution.
Please contact us if you would like learn more about how we can help you.