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Powers of Attorney are legal documents that authorize someone to make certain decisions on your behalf should you become unable to express yourself. The person you authorize should be a person you trust, such as a family member or friend. In your Power of Attorney document, you will designate this person to make broad or limited decisions for you concerning financial, medical, end-of-life, or other matters. These documents protect you in the event of illness, disability, or incapacity and are often part of a comprehensive estate plan. They provide peace of mind knowing that your wishes will be followed when these decisions become necessary and you are unable to voice your desires.
Powers of Attorney can be complicated matters and need to be created according to legal standards. You also have various options when drafting these documents in regard to the scope of power or authority you grant to your designated agent. At Shanone Emmack Attorney at Law, I can help you draft and finalize these documents according to your specific needs and purposes. Whether you are temporarily leaving the state or the country and wish to have safeguards in place concerning your finances or property or need to put an estate plan in place, you can rely on my legal experience and commitment in providing competent assistance in this matter.
Arrange for a complimentary consultation at Shanone Emmack Attorney at Law online or by calling my office at (615) 205-8183.
Powers of Attorney can be written to become effective immediately, on a certain date, or when you are deemed to be incapacitated. They can also be drafted to end on a certain date or upon your passing. These documents can be designed to be “general” meaning that your designated agent will have the authority to make all decisions concerning the matters you grant, as in a situation where you have been rendered unconscious in an accident or in the final stages of a terminal illness. They can also be specific, such as the power to sign for you in real estate documents or have your taxes done (and sign for you) while you are out of the country.
The areas granted under a Power of Attorney can include matters related to finances, banking, real estate, medical/health care, legal, taxes, business affairs, trusts, insurance, estate, investments, and other life affairs. For example, a medical Power of Attorney can authorize your named person to make decisions for you should an injury or illness render you unconscious.
In general, four types of Powers of Attorney can be made. These include:
- General Powers of Attorney. These give your agent the power to handle whatever affairs you name, such as those listed above. These powers end should you become incapacitated.
- Durable Powers of Attorney. These give your agent decision-making authority over whatever affairs you name but remain in effect even should you become incapacitated.
- Springing Powers of Attorney. These are written to give your agent decision-making power in certain matters when a specific event occurs in your life.
- Special Powers of Attorney. These give limited power to your named agent who is only allowed to act on your behalf in a specific matter.
Powers of attorney can give you peace of mind knowing that your affairs will be handled according to your wishes when you are unable to be in charge. Without having one in place should you become incapacitated, the court will be required to designate someone for you in a costly legal proceeding.
As a lawyer serving clients throughout Franklin, Nashville, Brentwood, and the surrounding counties, I can provide the detailed help you need to plan for the future and certain contingencies with appropriate Powers of Attorney as well as other estate planning tools. I can answer your questions and assist you in drafting needed legal documents designed to give you and your family the peace of mind that proper preparation and planning can ensure.
Book your free, initial consultation with a Franklin attorney for Powers of Attorney online or by calling (615) 205-8183 today.
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