What Is A Power of Attorney?
This is a document where you name a person to speak for you, if you are incapacitated or cannot make your own decisions for some other reason. The person you authorize to speak for you is your Agent in the power of attorney. Your Agent can step into your shoes and make all of the decisions that you normally make. Of course, if you want to limit your Agent’s decision making authority, then you simply put that information into your power of attorney. A power of attorney can only be used when you are alive.
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Like regular appointments with doctors, your estate plan needs to be visited regularly, to make sure all is in order. Annual updates about significant life events are a must. Keeping your plan current is much easier than having to do a comprehensive overhaul. Sign up for our newsletter to get information about life events and decisions that can shape your life.
***Please be advised that no attorney client relationship is formed unless there is a signed agreement.***