Valuable Guidance On Appointing A Power Of Attorney
When an accident or event happens that renders you unable to make medical and financial decisions for yourself, you need to have a trusted power of attorney in place. As part of a comprehensive estate plan, everyone should have powers of attorney arrangements.
At The Day Law Office in Spring Hill, we have over 50 years of combined experience helping clients establish power of attorney arrangements to protect their medical and financial future. As a husband-and-wife-led firm, we understand the importance of trust when making important decisions. Appointing a power of attorney gives you control over who will make decisions on your behalf.
Finding The Best Option To Suit Your Needs
Under Florida law, different types of powers of attorney arrangements are available depending on your needs and goals. Knowing which one to choose can be confusing. At The Day Law Office, our estate planning lawyers will take the time to explain your options so that you can make an educated decision.
Florida allows for different types of powers of attorney depending on your situation, including:
- Durable power of attorney: This arrangement allows your selected agent to keep their decision-making power after incapacitation. A durable power of attorney goes into effect immediately after signing.
- General power of attorney: This arrangement is mainly for finances and allows their decision-making power over numerous areas of your finances and estate.
- Limited power of attorney: This option is best when you need to give an agent authority for a certain period of time or for a specific purpose. The authority terminates automatically after the agreed-upon time limit or purpose.
You can appoint any competent adult as your power of attorney in Florida. However, you should still take other considerations into account when making your decision. For example, you should consider the person’s location, trustworthiness, stability and whether they understand your wishes and goals.
We Are Here For You
Although appointing a power of attorney is personal, working with an experienced lawyer can provide valuable insights and assistance. We use our years of estate planning experience to provide clear and straightforward legal guidance and advice. You can trust us to help you protect your future.