Power of Attorney Lawyers in Chapel Hill Giving You a Helping Hand to Fulfill Your Duties
The significance of preparing for your future may weigh heavily on your mind. Since life is so unpredictable, putting backup arrangements in place for your estate plans may save you and your family a lot of time and resources in the future. It is important to have someone appointed as your power of attorney in order to work on your behalf if an accidental or unwanted event occurs, or even if your day-to-day health deteriorates over time. Designating others to act as your power of attorney when you are unable to make decisions for yourself or your properties, whether it be a loved one or a trustworthy friend, can give you and your family the assistance you need, when you need it. Our law firm will assist you with all of your needs, regardless of if you need guidance setting up power of attorney for yourself or executing power of attorney on behalf of someone else.
What is Power of Attorney?
Setting up a power of attorney can be very useful in a variety of situations. If you become disabled or out of commission as a result of an injury or an illness and are unable to make decisions about yourself or on behalf of your family, getting someone appointed as your power of attorney will give you the ability to be well-cared for financially and professionally. Generally speaking, power of attorney can allow you to manage a person’s finances, such as paying off debts, paying off taxes, settling outstanding claims, and distributing gifts. You may also obtain the right to decide the health-care choices that the person you’re serving gets, in some cases. Our team of experienced estate administration attorneys will support you by helping you understand your choices, whether you are attempting to put in place power of attorney or simply need assistance interpreting your power of attorney.
How Can a Lawyer Help Me with Power of Attorney?
In the event of an emergency, power of attorney is a complicated but effective instrument that will assist you and your loved ones. However, it’s normal if you don’t want anybody, even your trusted friends and family, to have full control over your life. You may be able to put restrictions in your power of attorney to guarantee that the person you appoint to serve you can only regulate what you authorize. Without the right legal assistance, establishing a power of attorney can be difficult. To get answers to your power of attorney questions, speak with one of our knowledgeable estate planning attorneys today.
Are There Other Types of Power of Attorney?
When putting together your estate planning strategy, you have a wide range of power of attorney choices to choose from. Any of these solutions has its own set of limitations that set it apart from the others. Our attorneys may assist you in selecting from a variety of power of attorney choices, including:
- Health care power of attorney
- General power of attorney
- A durable power of attorney
- Special power of attorney
Although a general power of attorney may allow others to handle your finances if you are incapable of doing so, a special power of attorney can impose restrictions on what the appointed power of attorney can do on your behalf. Contact Thomas-Walters, PLLC as soon as possible to review all of your options and to create a power of attorney that will work for you.
Should I Consult an Attorney for My Power of Attorney Needs?
It’s important to talk about your choices and get the right advice about which form of power of attorney is best for you. Consult with our law firm to help you make an educated decision rather than leaving such a crucial decision to chance. We have experience assisting clients in establishing and executing powers of attorney, and we will provide you with the high-quality representation and counsel you need to safeguard your future. To book a free appointment, call (919) 424-8277 now.