Naming a Power of Attorney
What is a power of attorney?
A power of attorney is a specific legal document that is usually a part of a
comprehensive estate plan. A power of attorney will allow you to name an individual who can take
charge of your medical care and/or financial and legal decisions if you
become incapacitated, disabled, or otherwise unable to make decisions
of your own sound mind.
There are two types of power of attorney and each type implies its own
set of benefits. In order to provide you with more comprehensive protection
over your healthcare needs and assets, it will be wise to seek legal counsel
to properly draft both types to best suit your needs
Types of powers of attorney include:
Medical Power of Attorney: commonly known as an "advanced healthcare directive," you will
have the ability to name a trusted person to oversee your medical care
and make decisions regarding your treatment if you are unable to do so
due to illness or incapacity.
Financial Power of Attorney: commonly known as a "durable power of attorney". Financial powers
of attorney will allow you to name an "agent" to handle financial
decisions or transactions on your behalf if you are unable to make decisions
on your own, due to illness or incapacity. Because your agent will be
in charge of your financial affairs, you will need to name someone whom
you can trust.
At The Woodbury Law Office, we can guide you through the process of creating
a power of attorney for your healthcare and/or financial needs. When it
comes to your healthcare and financial matters, your needs are incredibly
important to us, and we can inform you of the various risks or benefits
associated with your decisions.
Make a Decision to Safeguard Your Future
If you would like to learn more about estate planning or how a healthcare
or financial power of attorney can help you, we would be happy to sit
down with you and discuss your desired situation confidentially. We understand
that these types of major legal decisions are incredibly sensitive in
nature. Janell Woodbury at The Woodbury Law Office always operates under
the highest degrees of privacy and discretion.
Contact The Woodbury Law Office today to schedule your free consultation.