Power of Attorney

A Power of Attorney is important for situations where you may not be able to manage your own affairs, either temporarily or permanently. This could be due to illness, absence, or incapacity. It allows someone you trust to make decisions on your behalf and ensures that your affairs are handled as you would wish.

There are several types of POAs, each with a different purpose and scope of authority:

• General Power of Attorney
• Special or Limited Power of Attorney
• Durable Power of Attorney
• Springing Power of Attorney
• Healthcare Power of Attorney

The authority granted to an agent under a Power of Attorney depends on the type of POA and the powers specified by the principal. Common powers include:

• Managing financial accounts, paying bills, or filing taxes.
• Buying, selling, or managing real estate.
• Making healthcare decisions on the principal’s behalf.
• Signing legal documents and contracts.
• Managing business affairs or handling legal matters.

Choosing the right agent is crucial because they will have the authority to act on your behalf. The agent should be someone you trust implicitly, as they will handle important and potentially sensitive matters. It’s common to appoint a close family member, a trusted friend, or even a professional, such as a lawyer or financial advisor.

Yes, you can revoke or change a Power of Attorney at any time, provided you are mentally competent. To revoke a POA, you must:

• Notify the agent in writing.
• Inform any third parties or institutions that may have been relying on the POA, such as banks or healthcare providers.
• Execute a formal revocation document and ensure it is filed with the relevant authorities if necessary.

Absolutely. We ensure full confidentiality and protect your personal and business information as part of our professional commitment.