SPIEGEL & UTRERA, P.A.

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SPIEGEL & UTRERA, P.A.

LAWYERS
ORDER NOW PAY LATER!

PAYMENT IS NOT REQUIRED

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Durable Power of Attorney (POA)

$499.95

Why do you need a POA?

A Durable Power of Attorney is a legal document that grants authority to an individual, known as an “attorney in fact,” to act on behalf of the person creating the document, even in the event of their declared incompetence.

This document remains effective even if the person granting the power becomes disabled or lacks sufficient mental competence. By having a Durable Power of Attorney, one can proactively designate the person who will manage their affairs in case of incompetency. In its absence, the matter would require presentation to a court, leading to the appointment of a conservator to handle the individual’s affairs. The Durable Power of Attorney offers a preemptive and personalized approach to selecting a representative, avoiding the necessity of a court-appointed conservatorship.
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Do you require a POA?

  • Authorizes Representative:
    • Empowers an individual (attorney in fact) to act on behalf of the grantor.
    • Specifies the extent and limits of authority granted to the attorney in fact.
  • Continuity in Incompetence:
    • Ensures that designated powers remain effective even if the grantor becomes disabled or lacks mental competence.
    • Provides a seamless transition in managing financial, legal, and other affairs during the grantor's incapacity.
  • Personalized Selection:
    • Allows the grantor to choose a trusted and capable individual as their attorney in fact.
    • Enables customization of powers to align with the grantor's specific wishes and concerns.
  • Avoids Court Conservatorship:
    • Prevents the need for a court-appointed conservatorship, saving time and legal expenses.
    • Preserves the grantor's autonomy by keeping decision-making within the family or a chosen circle of trust.

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Living trusts, prized for probate avoidance and streamlined asset distribution, see increasing popularity as individuals seek alternatives to conventional wills. Recognizing the advantages of heightened control, flexibility, and privacy in estate management, people are drawn to these trusts. Stay informed for optimal estate planning.