Durable Powers Of Attorney
None of us wants to consider giving up control of our finances, our personal lives, or our medical care. However, every person needs to have a carefully tailored plan in place in case the unwanted or unexpected occurs. Through a durable power of attorney you can designate a representative to make decisions on your behalf if you are not able to manage your affairs.
If you are ready to take this important step, contact Prince Law Firm near Detroit. One of our elder law lawyers will explain how a durable power of attorney (POA) can be tailored to address your specific needs and concerns.
Who Will Manage Your Affairs If You Are Unable To Do So?
Attorneys at our firm help each of our clients develop an estate plan that includes a durable power of attorney for management of financial affairs. Again, in your durable power of attorney you designate a person to act on your behalf if you are not able to handle matters yourself. The POA can be designed to spring into effect if you become incapacitated, or it can be effective as soon as you sign it.
In most cases our lawyers recommend a POA that is effective once you sign it to provide the most flexible and effective protection. A POA can also be designed for select or single uses. This last type of POA is often used to authorize a representative to sign a specific business or real estate contract, or for some other limited purpose.
Don’t Put Estate Planning Off Any Longer — Call Us for A Consultation
It is important to discuss your options with a well-qualified lawyer before determining what type of durable power of attorney is best for your specific situation. At Prince Law Firm, we will also help you draft a will and a health care power of attorney. Don’t wait until it’s too late — contact us online or call us at 248-419-1968.