Do I need a Power of Attorney?
A power of attorney is a document with which you authorize another person to handle your affairs even though you are still competent to do so. It may continue to be effective even if you become incapacitated or incompetent. A power of attorney can be helpful in situations where you might not be available to take certain actions and you need someone else to do them for you. For example, people often give someone else, such as an adult child, a power of attorney to assist them with banking transactions and other financial matters, especially if they travel for extended periods of time. Although a power of attorney is not a complicated document, it needs to carefully define the powers you want to give to someone else so that it meets your particular needs without being too narrow or too broad. Please contact us for more information on drafting a power of attorney for you.
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