Power of Attorney

guideway legal: creating estate planning documents to pass your assets on to your heirs

Creating a Power of Attorney

 

A power of attorney (POA) is a legally binding document that allows you to appoint someone to manage your property and financial affairs.

  • It’s an important part of an estate plan, and Guideway includes a power of attorney in our living trust package.
  • When you create a power of attorney, you are called the principal, and the person you choose to act for you is called your agent.
  • A power of attorney grants broad powers to the agent, the person who is acting on your behalf.
  • The agent has the same authority as you have to make decisions, sign legal documents, handle your financial affairs and manage your assets.
  • Choose this person carefully; it should be someone you trust because this is the person who potentially will be managing your life–paying bills, doing your taxes, troubleshooting insurance matters and making decisions about where you will live.

In times of crisis or declining health, a power of attorney can become an essential tool

This is especially important now with the growing number of families who are taking on the role of caregiver for their aging family members. Smart families are creating a power of attorney before they need it.

Power of Attorney to Curtail Dad’s Spending

Case Study: Creating a Power of Attorney Before You Need It

Please make an appointment to begin the process.  You may contact us for assistance.

You can also provide your basic information here, which will speed up the information gathering process.

Living Trusts & Wills

  • Which service are you interested in?

Have you been procrastinating about preparing your Living Trust? We can help.

Reap the benefits of having a Living Trust without the hassle.