A Power Of Attorney Is A Necessary Decision
Establishing a power of attorney is an important part of an estate plan. NOVA Estate Planning, PLLC, has the experience you need to understand what this process entails.. Our founding lawyer, Jonathan D. Cox, has worked with hundreds of clients throughout Virginia. Our firm has built a reputation for being professional yet helpful, and we truly take pride in that.
A Power Of Attorney Can Be Established For A Variety Of Reasons
Powers of attorney are important documents that you create to determine who will make certain decisions for you with regard to your responsibilities when you either cannot fulfill them yourself or require assistance in doing so. There are a few different types. They each have a unique purpose.
A financial power of attorney is where you choose an individual (or multiple people) whom you would want to handle your financial affairs in the event that you are unable to do so yourself, or for the sake of convenience because you are busy with other matters. This includes the ability to pay bills, manage accounts and sign contracts, and do anything and everything else that you could do with your finances if acting in your own capacity.
A medical power of attorney is where you choose an individual whom you would want to make medical decisions for you on your behalf in the event of your incapacity or disability. While not specifically a “power of attorney,” another important document to have in this area is the advance medical directive, also called a “living will.” This is a simple document in which you agree that you do not wish to be left on life support indefinitely in the circumstance wherein you find yourself with no reasonable chance of a return to cognitive life. We are here to discuss the different roles this person will play in your future.
Prepare For The Unexpected; Call Today
It is best to appoint a power of attorney as soon as possible. You never know what can happen. We understand the pressure that comes with this decision and are here to walk you through it. Call our office today at 571-800-1545 to schedule a consultation. You can also fill out our contact form online.