Lawyers who specialize in creating powers of attorney for clients are called “power of attorney lawyers.” These professionals create both health care and financial power of attorney documents.
What Is a Power of Attorney?
A power of attorney (POA) is an agreement between two parties. It allows one party to act on behalf of another when he or she cannot do so personally. This includes making decisions about medical care, financial matters, and more.
Why Do People Need Them?
A POA is often used by older adults to give someone else control over their finances while they are still alive. In addition, it can be used to make decisions about medical treatment. If a person becomes incapacitated, a POA gives someone else the ability to make those decisions.
Who Can Be Their Agent?
Anyone can serve as an agent under a POA. However, there are some requirements that must be met before someone can act as an agent. First, the person must be at least 18 years old. Second, the person must be able to understand the nature and extent of the principal’s property and financial affairs. Finally, the person must be willing to accept appointment as the agent.
When Should You Create One?
If you’re thinking about creating a will, trust, or other document, now might be a good time to do so. There are several reasons why you should consider creating these documents. First, you may need them sooner than you think. In fact, according to the National Association of Estate Planning Attorneys (NAEPA), more than half of Americans die without having made any type of advance directive. This means that they didn’t leave instructions for how their assets would be distributed after they died.
Second, you may not realize that you need a will until you become seriously ill or injured. You may find yourself unable to make decisions regarding your own care because you don’t have a plan in place. Finally, you may want to update your current will or trust to reflect changes in your life.
You can read more about creating a power of attorney in Arizona here.
Lawyers That Do Power of Attorney Near Me.
Whether your in an emergency, or you are just planning for the future, we can help. We believe going to a lawyer should not be unpleasant. We try to understand your specific situation and give you the attention and respect that you deserve. Just give us a call at 602-443-4888. Or use our convenient Contact Form.