One Legal Tool You Should Consider

You likely know that a power of attorney is a legal document that grants authority to another person, known as an agent or attorney-in-fact, to act on your behalf in various financial and legal matters. Did you know the many ways it can be helpful to you??

FINANCES

With a financial power of attorney, your agent can handle your financial affairs, such as managing bank accounts, paying bills, collecting benefits, filing taxes, and managing investments. Helpful if you're out of the country for an extended period.?

REAL ESTATE

If you own property, your agent can buy, sell, lease, or manage real estate on your behalf – even if you are available; good to know it's there if you are super busy.??

BUSINESS TRANSACTIONS

A power of attorney can empower your agent to make decisions and conduct transactions related to your business interests.

HEALTH CARE

A separate document called a healthcare or medical power of attorney can grant your agent the authority to make medical decisions on your behalf if you become incapacitated and cannot communicate your wishes.

Power of attorney is a valuable AND powerful legal tool; it is always best to work with an attorney like me to determine how you might benefit from it and how to establish limits if needed to meet your specific needs.??