Plymouth Power of Attorney Lawyer

Plymouth Power of Attorney

No one likes to think ahead to a time when they might become incapacitated and incapable of making certain decisions. However, these situations happen every day in the Plymouth area. It is vital to name an individual who can be trusted to handle your finances and other such matters. At Albanese Law, LLC, a passionate Plymouth power of attorney lawyer can help you create the necessary documentation.

Over the years, the Albanese Law, LLC team has been assisting clients through various aspects of comprehensive estate planning. Plymouth is an area rich with history and legacy and deserves to be protected, as does your legacy. We understand that choosing someone to act as your agent in a power of attorney arrangement is vital, and we are here to ensure that the individual you place your trust in can handle all of your affairs effectively.

What Constitutes a Power of Attorney?

The term “power of attorney” is used to define an individual you have designated to act on your behalf should you become unable to make certain decisions yourself. The individual you pick for this role must be someone you feel you can trust, such as a relative or close loved one.

In this legal arrangement, you will outline what decisions the power of attorney can make on your behalf. This individual might step in during the following scenarios:

• When you are unable to make certain decisions yourself after suffering a medical emergency, like a sudden illness, accident, or catastrophic injury. In 2023 alone, the United States saw 62 million injuries in the total population, many of which necessitate a power of attorney.
• When you cannot be contacted regarding certain situations or are unreachable due to serving in the military or traveling abroad
• In any case or under any circumstance that you outline beforehand in your power of attorney document

It is important to keep in mind that a power of attorney is not the same as a healthcare proxy, even though both legal arrangements have several similarities. In the case of a healthcare proxy, it lays out certain specifics on the kind of medical treatment you desire, typically at the end of your life.

A power of attorney, conversely, gives your agent, or appointed individual, the power to make decisions on your behalf regarding several topics. These topics include:

• Financial power of attorney. This form of POA gives the agent power over your finances if you cannot have this authority yourself. This agent can be responsible for paying all necessary bills, accessing your banking accounts, making investments on your behalf, and purchasing or paying insurance.
• Durable power of attorney. This form of POA describes an individual who can act on your behalf if you become incapacitated. A durable POA makes the most sense for many individuals, as incapacitation is usually the cited reason for needing these services.
• Medical power of attorney. If you become incapacitated, your medical POA can make certain medical or health-related decisions for you. This could include refusing or pursuing certain treatments, tests, surgeries, and options for any necessary end-of-life care.

Benefits of Establishing a Plymouth Power of Attorney

In the United States, , only 18% of adults 55 years and older have have the essentials of an estate plan, such as a will or durable power of attorney. This is an immensely small number when you measure it against the number of individuals who become incapacitated on an annual basis in the nation. Setting up a power of attorney is crucial to your health and well-being and the peace of mind of your loved ones.

There are several key benefits of establishing a power of attorney, including the following:

• Having a power of attorney in place can give you the power to designate a trusted individual to handle all of your affairs if you become unable to do so. This can help ensure your interests are maintained and protected without any unnecessary complications or delays.
• A power of attorney arrangement can ensure that all your financial matters are managed when you are unreachable or incapacitated.
• Having a power of attorney in place can offer you peace of mind, knowing that whatever your circumstances are, you will be well taken care of, and the courts do not need to intervene for your affairs to be managed according to your wishes.

FAQs

Q: What Are the Costs and Fees of a Power of Attorney Lawyer?

A: The costs and fees of a power of attorney lawyer vary. This is due to the fact that there are many variables at play in these cases, and each attorney will approach the final costs differently. Variables that can impact the final costs include the complexity of your case and the skill level of your attorney.

Q: Can You Revoke a Power of Attorney?

A: Yes, you can revoke a power of attorney arrangement. In some circumstances, it may be necessary, but you can only do so in writing. You must also collect and destroy any copies of the document itself. In addition, it is important that you contact all of the involved parties and notify them that the power of attorney has been revoked.

Q: How Can a Power of Attorney Lawyer Help Me?

A: A power of attorney lawyer can help you in several ways. They can help you determine which power of attorney arrangement is right for you and your loved ones, help you revoke or modify an existing power of attorney document, help you choose the right individual to act as your agent and ensure the power of attorney arrangement is legal and enforceable.

Q: What Happens if I Become Incapacitated Without a Power of Attorney in Place?

A: If you become incapacitated without a legal power of attorney in place, the courts will need to appoint a conservator or guardian to manage all of your affairs. This process can not only take time and extensive amounts of money, but the courts could also appoint an individual you had no intention of appointing as your agent.

Protect Your Future With a Plymouth, MA, Power of Attorney Today

Having a power of attorney established can be a necessary tool in the grand scope of your estate plan. Because of the large authority they are given, it is important to take your time considering who will be named as your agent in a POA. At Albanese Law, LLC, we can help you make these crucial decisions and ensure that your power of attorney meets your goals and desires. Contact our office today to set up a free consultation with our team.