Charlottesville Powers of Attorney Lawyer
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In addition to Advance Medical Directives, you should consider executing a Duable Power of Attorney, which is a document in which you name a trusted agent who can make financial decisions on your behalf should you become unable to do so yourself. Your agent under a Durable Power of Attorney can work in conjunction with your agent under your Advance Medical Directive to assist in making sure you are able to receive the healthcare your want should you be incapacitated.
Your agents under your Advance Medical Directive is empowered to make medical decisions for you, while your agent under your Durable Power of Attorney can assist in paying for that care while managing the other affairs of your estate. You can define the scope of your agents’ abilities, which can range from simply paying bills to controlling your business and all of your investments. In either category, you should appoint someone you fully trust.
We Can Help You Draft Different Types of Powers of Attorney
Whoever you grant the power to act as your agent under your powers of attorney will be accepting a significant legal responsibility. That is why we urge you to speak with our legal team first so we can help you select a trustworthy person who will faithfully uphold and respect all of your specified wishes.
Some of the powers you may grant your agent under your Durable Power of Attorney include the power to:
- Pay your bills
- Manage your finances
- Make important estate planning decisions
- Handle stocks and bonds
- Access bank accounts
- Purchase and sell real estate
- Manage your business
- File income tax returns and handle tax matters
Contact our law firm in Charlottesville today so we can get to work helping you draft any of the following legal documents:
- Durable Power of Attorney: This designates a person to manage your finances if you become incapacitated.
- Limited Power of Attorney: With this document, you can grant specific powers and/or specify a length of time your agent can take action on your behalf.
- Medical Power of Attorney: This is usually included in your Advance Medical Directive and allows you to assign a person you trust to make medical decisions on your behalf in situations where you are unable to.
Let Us Assist With Your Legal Needs Today
Our talented and compassionate legal professionals know that each of our clients’ situations is different depending on their assets, health, and family situation. That is why our legal team is here to provide the clients we serve with top-notch legal representation and the resources they need to properly draft and all types of powers of attorney.
Call us today at (434) 216-4020 or contact us online to schedule a free case consultation.