What Are Powers Of Attorney?
There may come a time when you will be unable to make health care decisions or other types of important decisions for yourself. By establishing a durable power of attorney, you can name a trusted person (or persons) to make those decisions on your behalf. It is advisable to establish powers of attorney well in advance of when their use becomes necessary.
O'Brien Law Firm, LLC, in Southaven can help you establish powers of attorney as part of your estate plan. We serve clients in Mississippi and Tennessee throughout the Greater Memphis area. To arrange your free initial consultation, please call our toll-free number: 866-504-5969.
There Are Two Types Of Powers Of Attorney
A power of attorney is an authorization to act on someone else’s behalf in a legal or business matter. The person authorizing the other to act is the principal or granter (of the power), and the person authorized to act is the agent or attorney-in-fact.
- Durable power of attorney for health care is a written document in which an individual designates another person to make health care and health-related decisions in the event that the individual becomes incapacitated.
- Durable power of attorney for property is a written document in which an individual designates another person to make his or her property and related decisions in the event that the individual becomes incapacitated and is unable to do so.
You can name two different people to serve as attorney-in-fact for each type of power of attorney. For example, one of your adult children may understand your health care requests, wishes and viewpoints, while another adult child may be better suited to handle financial matters on your behalf. Our lawyers can review the talking points that you will need to cover with your family regarding these important designations.
While it is possible that you may never need to worry about using a power of attorney, having one in place can provide you with peace of mind. As you age especially, you will want to think about the eventuality of using such documents.
Questions? Contact Us For A Free Consultation.
You will need to give careful consideration to whom you would like to name as an attorney-in-fact. Our law firm can meet with you to discuss the process of establishing power of attorney and the items that you should consider. We offer free initial consultations. To schedule yours, call us locally at 662-655-1012 or toll free at 866-504-5969, or contact us online. We can meet with you M-F 8:30 a.m. to 5:00 p.m and Saturday by appt. only.