Notarization fees additional.
Your consultation with the Estate Planning Attorney will be scheduled within one business day of your purchase to ensure timely action.
There are two types of Powers of Attorney: one is for financial decisions and the other is for medical decisions.
The purpose of a Financial Power of Attorney is to assure that your financial affairs are handled by someone you trust in the event that you become incapacitated.
A person could become incapacitated due to an illness, accident or other mishap. A Financial Power of Attorney could also be necessary if one moved out of the country or was incarcerated. In most cases, however, it is used for the elderly when dementia may occur.
It is most important that the Financial Power of Attorney be prepared when the person is of ‘sound mind’. If the person for whom the Financial Power of Attorney is needed, is not of ‘sound mind’ then this document could not be prepared and a Conservatorship may be required.