Brockton Power of Attorney Lawyer

Brockton Power of Attorney

When you start seriously considering estate planning, it is vital that you make important decisions regarding your future and that of your estate. One of those decisions is assigning a durable power of attorney to someone you trust. The purpose of estate planning is to prepare your loved ones to handle your estate once you pass away, and if you don’t grant someone power of attorney, the court will appoint a conservator. A skilled Brockton power of attorney lawyer can help ensure that doesn’t happen.

The legal team at Albanese Law, LLC, understands how difficult it can be to accomplish everything you need to do when putting together your estate plan. It can be overwhelming to consider all the different elements, including wills, trusts, beneficiaries, and power of attorney. Above all, you’ll want your loved ones to be taken care of when your time comes, and a solid estate plan can ensure your wishes are respected and carried out accurately.

What Is Power of Attorney?

In the event that you become incapacitated and are unable to make decisions for yourself regarding your assets or medical needs, it is crucial that you have someone you trust who has power of attorney over those decisions. Essentially, a durable power of attorney is a part of estate planning that gives an agent the ability to make decisions about important parts of your life, particularly your medical needs and your estate. Only you can revoke it.

Power of attorney largely becomes relevant and necessary if you become unavailable to make important legal decisions. Depending on how much power you give this person, they may have full or limited power of attorney. The primary goal of this power is protection. An experienced estate planning lawyer can help you establish someone you trust, often a trusted friend or family member, with power of attorney over your assets.

In the most recent data provided by the U.S. Census, the average median household income in Massachusetts is around $101,000 as of 2023, and the state has 136,712 employer firms. The average median household income in Brockton is around $77,000.

Many of these households may need to establish an estate plan for the future, and that includes choosing someone to have power of attorney. If you are considering a plan, you may want to consider preparing your family with grief counseling from a local Brockton group like GriefShare.

Benefits of Power of Attorney

There are many different benefits to giving someone power of attorney over your estate. It’s important to consider these benefits before deciding to move forward with your plan. You should consult with an experienced estate planning lawyer and learn all you need to know about the process before making any decisions. Here are some of the important benefits that power of attorney can provide you and your estate:

• Avoiding Conservatorship: If you pass away without a proper estate plan in place, your assets will be distributed in accordance with the state’s intestate laws. A court-appointed conservator will be the one who determines how your assets are distributed, and they may not go by your wishes. If someone has power of attorney, they can manage your affairs in your absence, avoiding the need for a court-appointed conservator of any kind.
• Peace of Mind: One of the most important elements that power of attorney can provide you is peace of mind. Considering your own mortality can be one of the most difficult situations to find yourself in. Knowing that someone you trust will handle your affairs once you are incapacitated can be comforting.

FAQs

How Much Does a Power of Attorney Cost in Massachusetts?

The amount it may cost you to establish power of attorney in Brockton, Massachusetts will depend largely on whether you used an estate planning lawyer’s help or used an online template to do it yourself. The price will ultimately depend on the complexity of the document and how much experience your lawyer has.

What Can Someone Not Do With the Power of Attorney?

While there are many things you can do with power of attorney, there are also several important things you do not have the power to accomplish. The most important thing you cannot do is transfer power of attorney to somebody else. Once the principal has passed away, power of attorney ends, and the executor of the estate will take over. Many times, the same person performs both of these tasks.

Do I Need a Lawyer for a Power of Attorney in Massachusetts?

Technically, you do not need to hire a lawyer to establish power of attorney in Massachusetts. It is highly recommended that you consult one anyway, especially if you want the process to go more smoothly and without any setbacks. If you don’t have any experience handling elements of estate planning in the past, you may want to rely on a lawyer to handle the process for you.

What Kind of Lawyer Do I Need for Power of Attorney?

If you would like to establish power of attorney, you will want to reach out to an experienced estate planning lawyer for help. Power of attorney is an important element of an estate plan, and someone who focuses on trusts and estates can help you establish this element quickly and effectively.

Reach Out to a Power of Attorney Lawyer Today

When you decide it’s time to put together a comprehensive estate plan, there are many different elements you need to consider. One of the most important is giving someone you trust power of attorney. They’ll have control over your medical needs and assets in the event that you are no longer able to make decisions for yourself. It may be difficult to accept this very real possibility, but it’s wholly necessary.

The legal team at Albanese Law, LLC, can provide you with everything you need to ensure a smooth transfer of power to someone you can count on to fulfill your wishes. Contact us to schedule a consultation with a team member today.