Power of Attorney
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A Power of Attorney (POA) is a legal document that grants someone else the authority to act on your behalf in financial, legal, or medical matters.
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With a power of attorney, you can designate a trusted individual, known as your agent or attorney- in-fact, to make decisions and take actions on your behalf if you become incapacitated or unable to speak for yourself and manage your affairs.
Durable POAs remain in effect even if you become incapacitated, providing continuity of decision-making in critical situations. At Probate Prevention Corporation, we assist clients in understanding the nuances of power of attorney documents and to ensure their interests are protected and their wishes are carried out effectively. We will not only guide you, but empower you to have firm knowledge, understanding on how to prepare for your incapacitation to ensure that these important decisions are made by you for your future, In Advance!
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What is the Purpose of a Power of Attorney?
Power of attorney (POA) comes in various forms, each serving specific purposes and granting different levels of authority to the appointed agent or attorney-in-fact.
"That's Great, BUT WHY WOULD SOMEONE NEED a Power of Attorney?"
A Power of Attorney is not a Person, but a Document that you can create for yourself or loved ones, for example:
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Durable Power of Attorney for Financial Management: Allows someone to act on your behalf on a wide range of Financial, Legal and Business matters..
- Buying and Selling Property
- Manage Bank Accounts, Statements and Investment Accounts​
- Submitting a Tax Return
- Apply for Government Benefits
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Advance Medical Directives: For Medical Emergencies - This Document provides instructions that guide your loved ones on making healthcare decisions on your behalf if you become incapacitated. ​
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"At Probate Prevention Corporation, we offer guidance and expertise to help you protect your interests and ensure your wishes are honored."
- Sergio Moran, Senior Legal Document Assistant
- compassionandchoices.org
