Why Should I have a Power of Attorney?

Why Should I have a Power of Attorney?

 

There are two types of Powers of Attorney – one governing legal and financial matters and another governing health care decisions.  Nominating a trusted loved one or friend to serve as your “agent” or “attorney-in-fact” by executing a Power of Attorney can make life easier for everyone in certain circumstances.  If you become unavailable or incapacitated, your agent or attorney-in-fact can transact business on your behalf as if they were you.  Whether you are travelling, in surgery, or just want some help with your affairs, your agent can write checks, pay bills, or authorize medical procedures.  Having these document in place can make life much easier for families trying to help their aging parents or spouses with finances and decisions about medical care or moving into a senior living home.  In situations where a loved one is suffering from cognitive decline due to dementia or Alzheimers, having these documents in place is vital to making their life less stressful.  As your attorneys, we will help you select the right person to serve as your agent and prepare these documents for you.

 

Herr Potts and Potts in Wayne, Pennsylvania, represents clients in West Chester, Downingtown, Coatesville, West Grove, Kennett Square, Exton, Chester Springs, Wayne, Berwyn, Devon, Paoli, Media, Chester Springs, Royersford, Doylestown, Valley Forge, Villanova, Broomall, Ardmore, Haverford, Bryn Mawr, Phoenixville, Newton Square, Chadds Ford, Norristown, Lansdale, Pottstown and Lancaster, as well as clients in communities throughout Chester County, Montgomery County, Delaware County, Bucks County, Philadelphia County and Lancaster County.

The information within this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own particular situation.