
In the context of estate planning, a power of attorney is a legal document that gives another person the authority to make decisions on your behalf if you are unable to do so. This can include decisions related to your financial affairs, healthcare, and other matters. A power of attorney can be a useful tool if you become incapacitated or otherwise unable to make decisions for yourself. It can also be useful if you are going to be unavailable for an extended period of time, such as if you are going to be traveling or serving in the military.
There are different types of powers of attorney, including limited powers of attorney, durable powers of attorney, and springing powers of attorney. It is important to carefully consider your options and choose the type of power of attorney that best meets your needs.
Comprehensive Estate Plans
People will quickly realize that power of attorney documents are essential components of an estate plan. However, everyone’s needs, finances, and family dynamics are unique, so we recommend that our readers do their research to determine the best options for them.This article was written by Alla Tenina. Alla is a top personal injury lawyer in Orange County CA, and the founder of Tenina Law. She has experience in bankruptcies, real estate planning, and complex tax matters. The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the ABA and its members do not recommend or endorse the contents of the third-party sites.