Power of Attorney: Who Needs One?
You may have heard the term 'Power of Attorney' being used before, perhaps by your doctor or a close family member. That person likely emphasized how important having one is. You also may be asking yourself, do I really need one? The answer is yes.
A Power of Attorney (POA) grants a person legal authority to act on someone else's behalf and you'll never know for sure exactly when that document may be needed. There are a variety of POAs that serve different needs, which is why it is important to discuss your options with an estate planning attorney.
There is no definitive online solution or a one-size-fits-all quick fix. In the following short video, Foster Swift attorney, Trevor J. Weston, describes certain situations and answers common questions such as:
- The importance of discussing your POA with experienced counsel
- Legal avenues to take if you do not have a POA in place
- When is a POA effective?
- Who should act as a POA?
- Where should I keep my POA and other estate planning documents?
This video is meant to provide general information and SHOULD NOT BE CONSIDERED LEGAL ADVICE.
If you seek legal counsel or need help in determining how this information applies to a specific situation, contact a Foster Swift estate planning attorney before taking any action. If you have an elderly loved one that is becoming unable to take care of themselves and are worried they don't have the proper end of life documents in place, contact a Foster Swift elder law attorney.
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