Monday, July 7, 2014

What is the Purpose of a Power of Attorney?

Power of Attorney is a legal document which designates another individual to act on your behalf should you be unable to do so due to physical or mental incapacitation. A Power of Attorney can give a blanket or general authorization for another individual to perform any and all of the tasks you would normally perform, if you were able. It can also authorize an individual to perform one single task or limited duties during a specified period of time, thus revoking his or her authorization once that task has been completed or that time period has come to an end.

The type of Power of Attorney you chose will depend on your specific needs. In addition to the Limited and General Power of Attorney mentioned above, there is a Durable Power of Attorney which would go into effect at any point you became incapacitated and unable to act on your own behalf. The final type is referred to as a Springing Power of Attorney and is a form of Durable Power of Attorney. The primary difference is that with the Springing Power of Attorney certain circumstances or conditions must be met before the Power of Attorney would go into effect. Any type of Power of Attorney can serve to give you a peace of mind that your affairs will continue to be managed as you would have.

Our firm has a reputation for providing clients with high-quality service and professional legal representation in a range of trust and estate-related matters, and we take pride in being able to help clients protect the assets and estates they have worked so hard to build. For more information about estate law, trusts, and the various types of Powers of Attorney, contact the Law Offices of David A. Shapiro, P.C. and schedule a meeting with a Los Angeles trust litigation lawyer at your earliest convenience.

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