Powers of Attorney
In its simplest form, power of attorney is a legal process that gives an individual the right and authority to act on another’s behalf in legal matters. In estate planning, a durable power of attorney, also known as a health care power of attorney, is a common and useful legal instrument for planning for lifetime disability. It serves to authorize a third party to act on your behalf in the event that you become disabled and can no longer handle your personal, financial, and legal affairs on your own.
Establishing a durable power of attorney is a simple process, and it can be written so that it will only become effective in the event that you are disabled and cannot make decisions for yourself. A durable power of attorney can be used to grant another individual broad authority to act on your behalf in matters related to:
- Paying for support and care
- Conducting financial transactions
- Dealings with property
- Handling legal claims
- Accessing safety deposit boxes
- Preparing and filing tax returns
- Entering into contracts for services
- Making gifts
A durable power of attorney can be limited to a specific matter, such as property or finances. A durable power of attorney can also be used with respect to medical decisions. With a durable power of attorney, you are able to specify such things as medical treatments or procedures that you approve of and whether or not you want life support systems to be used if you are terminally ill or facing imminent death.
At the Law Office of Patrick L. Chatterton, we can advise you on the benefits of putting in place a durable power of attorney and can help you decide whether or not it is right for you. Relying on over 20 years of experience, Attorney Chatterton walks clients through the legal process and helps them address their concerns and take the necessary steps to protect their interests in the event that they become disabled.
Contact our office to today to schedule an appointment with Attorney Chatterton. Rest assured knowing that your health and wellbeing will be properly cared for under all conditions.