A Power of Attorney is a document certifying another person, of your choosing, to operate on your behalf in financial matters. The document can give this person as few or as many powers as you feel necessary should you be unable to conduct your personal or business affairs.
There are multiple variations of the Financial Power of Attorney. These can include the breadth of power given, the duration of time over which power can be exercised, your personal liability, and when the power goes into effect.
A sound Financial Power of Attorney eliminates the difficulties that may arise, such as payment of bills or handling of business matters, should you become incapacitated.
If you are interested in a Financial Power of Attorney, contact us to schedule your free phone consultation.