Powers of Attorney
Elizabethtown Estate Planning Lawyer
It may not be on the top of your list to create a powers of attorney, but this legal step is a crucial tool in effective estate planning. At Cooper & Cooper Law Offices, we have been helping individuals draft powers of attorneys for more than 40 years. Using simple tools, we are able to assist our clients with creating meaningful plans for their future generations. A powers of attorney is a legal document that allows you to designate a person to take over your estate in the case of emergency.
If you become incapacitated for any reason, a durable power of attorney for health care can elect a loved one to oversee your final treatments. You can also include specific instructions for what type of health care you would like to receive. A powers of attorney can also be used to select an individual to maintain your finances if you are no longer able to. Creating a powers of attorney is very beneficial for your loved ones, as it allows them to live in peace knowing that your wishes were honored. If you don't have a medical or general power of attorney, there may be disputes between family members. They may argue over what type of treatment you would prefer, causing more stress and tension. To ensure that you receive the health care and financial supervision you deserve, talk with an Elizabethtown estate planning lawyer from our firm.
When should I create a living will or powers of attorney?
It's never too soon to create either of these documents, as you can modify them throughout your lifetime. The risk is being caught without a powers of attorney or living will. Tragic accidents happen every day, and are nearly impossible to predict. If you want to eliminate stress and anxiety for loved ones, talk with an estate planning attorney from Cooper & Cooper Law Offices about creating a powers of attorney. There are two types of documents that you should create for medical care purposes. A living will is a document you can use to designate what types of treatment you would prefer or wish to avoid. This gives them a detailed explanation to follow, legally binding them to fulfill your last wishes. Without a health care powers of attorney, either your medical provider or the court will oversee your final treatments. The benefit of creating a durable powers of attorney for your health care is that a loved one will have the legal power to enforce your medical treatments. If the doctors or medical providers fail to follow your directed wishes, they may have the right to take legal action.
A financial power of attorney gives an individual authority over your financial transactions. They are not given your finances, but are responsible for using and monitoring them on your behalf. If you become incapacitated, you will need someone to be in charge of your financial affairs. A general power of attorney may only allow for a single transaction, whereas a durable financial power will allow for more support. The individual will be given as much control over your finances as you would like, which is why it's important to choose a trustworthy agent. They may need to supervise your tax returns, pay monthly bills and monitor your investments. Both powers of attorneys and living wills can be very a resourceful tool for your future care. If you would like to protect your future financial and medical care, contact Cooper & Cooper Law Offices today. We also offer a number of probate and estate planning related services that you can find out more about on our site. Fill out a case evaluation form so we can begin discussing your case immediately.