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Elk Grove Powers of Attorney Attorneys
Powers of Attorney Attorneys in California
Authorizing Emergency Decision-Makers
What Are Powers of Attorney?
While the name may conjure up thoughts of fancy attorneys dressed to the nines, a Power of Attorney actually has very little to do with attorneys.
Rather, a “Power of Attorney” is a written authorization giving another individual the right to enter into certain agreements or make certain decisions on one’s behalf. The person named as the “power of attorney” agent need not be a lawyer – in fact, it is typically a family member or friend.
Power of Attorney documents may be used for financial or medical purposes. We recommend that individuals consider setting up Power of Attorney documents for both financial and medical purposes.
Powers of Attorney may be as broad or as limited as one wishes. Many individuals set up temporary Powers of Attorney before going on prolonged vacations in order to ensure that someone “back home” will be able to handle any emergencies that may come up.
In general, individuals choose to set up comprehensive documents that allow their agents to handle ALL financial decisions. As a safeguard, however, these documents often contain a “springing” provision that requires certification by one or more doctors that the individual is no longer able to manage his or her own financial affairs.
Prior to execution of the certification by the doctor(s), the powers in the document are essentially dormant and cannot be used.
Who Needs a Power of Attorney?
We recommend that all individuals consider setting up a Power of Attorney. While most of us are not keen on giving up control over our financial affairs to someone else, the reality is that many of us will one day become unable to manage matters on our own and will need the assistance of a third party.
By setting up a Power of Attorney, you can choose the individual(s) who will act on your behalf when the need arises, rather than being subject to court appointment of your agents.
If you would like to set a Power of Attorney, give us a call to schedule a consultation with one of our attorneys.
What Our Clients Say
Reviews & Testimonials
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"We were presented with some information we were not aware of and are seriously considering making a few changes to our current estate plans"
I would recommend this type of seminar to anyone who takes their estate planning seriously. Laws and circumstances change all the time
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"very well organized and nicely presented."
I learned valuable information from Jonathan’s presentation and the guests' questions, along with their personal Trust stories
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"Extremely helpful"
The information on prop 19 was very clear and the distinction between that and state inheritance tax
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"My husband and I were very satisfied with the counsel and advice we received from Austin"
He was knowledgeable, kind.., and, honest
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Knowledgeable. Polite. Approachable. I was in a legal situation where I needed help and never having been involved with a ...
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"They exceeded my expectations in every way"
I can’t say enough good things about Huber Fox Law Firm. From the very first consultation, their team was professional, ...
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"Strongly recommend Huber Fox"
My sister searched around Sacramento for an attorney to represent us in litigation regarding executor abuse of our father's ...
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