Power of Attorney Lawyers in Raleigh Guiding Clients Step-by-Step Through the Process
The importance of planning your future cannot be overstated. Because of how spontaneous life can be, having contingency plans put in place regarding your estate plans can be a major time and money saver for you and your family. When an unforeseen or unexpected incident strikes or even when your day-to-day health declines over time, it is critical to have someone designated to have power of attorney in order to act on your behalf. Whether it is a loved one or a trusted friend, designating someone to have the power of attorney when you are incapable of making a decision for yourself or for your estate can provide you and your family with the help you need when it matters the most. Whether you need help setting up power of attorney for yourself or need assistance executing power of attorney on behalf of someone else, our law firm is here to help you with any of your needs.
How is Power of Attorney Beneficial?
There are various circumstances where power of attorney can be hugely beneficial to you and your family. If you become incapacitated due to an accident or a medical condition and you are no longer able to make decisions for yourself, having someone designated with power of attorney can ensure you are well-taken care of both financially and medically. In general, having power of attorney may allow you to handle a person’s finances, including making gift payments, paying off creditors, settling claims, paying taxes, and operating a business. In certain circumstances, you may also have the ability to dictate the health care options the person you are representing receives. If you are interested in setting up power of attorney or you need help understanding your power of attorney, our law firm can assist you and help you understand your options.
What Can a Lawyer Do to Assist Me with Power of Attorney?
Power of attorney is a complex but powerful tool that can help you and your family in case of an emergency. However, it is completely understandable if you do not want someone, even those closest to you, to have complete control over multiple aspects of your life. You can place stipulations on your power of attorney to ensure the designated person representing you with power of attorney can only control what you allow them to. Setting up power of attorney can be complex without the right legal help. It can be even more difficult to understand once you have already been designated with power of attorney. Consult with one of our experienced estate administration lawyers to help you with your power of attorney questions.
What Types of Power of Attorney Can a Lawyer Help Me with?
There is a variety of power of attorney options available for you to choose from when setting up your estate plan. Each of these options come with their own caveats that make them unique from one another. Our lawyers can help you choose from various power of attorney options including:
- General power of attorney
- Special power of attorney
- Health care power of attorney
- A durable power of attorney
While general power of attorney may provide someone with the ability to manage your finances if you become unable to, special power of attorney can set forth regulations that can limit the extent your designated power of attorney can do. To discuss all the options available to you, consider reaching out to our law firm as soon as possible to set up power of attorney today.
Is It Essential to Get a Lawyer for My Power of Attorney Concerns?
Talking through your options and getting the right advice about what type of power of attorney is right for you can be critical down the road. Do not leave such an important decision up to chance and consult with our law firm to help you make an informed decision. We have experience helping clients set up and execute power of attorney and we can provide you with the quality service and advice you need to protect your future from further harm. Call Thomas-Walters, PLLC at (919) 424-8277 to schedule a free consultation today.