Orange County Estate Planning Attorney Holly Nabiey Explains Power of Attorney for Financial Decisions.
Power of Attorney for Financial Decisions
As an estate planning attorney, I plan for all the possible stages of a client’s life. While they are alive and healthy and while they are alive and not so healthy and for after they pass away. Unfortunately, more and more people will experience some form of incapacity in their lifetime. Whether it is because of Alzheimer’s disease or Dementia or some other form of illness. As a result, it is critical to have a power of attorney in place today to protect you at some point in the future. The power of attorney allows you to name someone to make financial decisions for you in case you become incapacitated or can not make them for yourself. Typically, the power of attorney does not take effect immediately. The usual power of attorney springing which means it doesn’t come into effect until two doctors have declared you incapacitated. In any case having a power of attorney because if you can’t make decisions for yourself, rather than subjecting yourself to a conservatorship process through the court system, the power of attorney for financial decisions can avoid it all. Contact us today and set up an appointment.
We offer a many different resources and pamphlets on the subject of creating, updating and implementing estate plans. We also offer a regularly scheduled seminar in our office to help people determine what the best options are for them in their estate planning needs. We hope you sign up for one of our seminars to help you find your best options. We regularly conduct free seminars designed to teach about the benefits of creating an estate plan. The seminars are held on-site at our Anaheim office inside of our “classroom”. We offer light snacks and refreshments to the attendees and the group is often small and intimate, which allows for questions to be asked comfortably and for a very relaxed environment. Please encourage your loved ones to attend the seminar so that they may learn more about the estate planning process and benefits.