Durable Power of Attorney
Durable power of attorney is a document that gives a person you trust the legal authority to act on your behalf.
It allows your selected representative legal authority to act on your behalf regarding financial matters. This person, typically referred to as your agent or attorney-in-fact, must act to make the best decisions for you when you are not able. Whether these decisions involve business operations and transactions or signing certain financial documents, this person will act in your best interest. Without establishing a California power of attorney, other people will make decisions for you and this is a risk you should not take.
Whether you are single or married, it is important to appoint someone you trust to make important decisions for you. Problems arise with aging issues for the elderly such as Alzheimer’s, dementia and stroke. Anyone can have an auto accident that creates physical disabilities. Setting up a power of attorney can have enormous benefits in such cases.
Knowing who will make important decisions on your behalf is not always an easy choice, but it can provide you with the proper care and financial security to let you focus on your own needs. At First Class Counsel, we make it convenient to help you understand power of attorney laws and the many benefits of related documents by taking the time to understand your concerns and needs.
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