Plan For All The 'What Ifs' With Appropriate Powers Of Attorney

When talking about estate planning, people often refer to “wills, trusts and powers of attorney” in that order. Powers of attorney, often mentioned last and seemingly relatively simple in the grand scheme of estate planning, are in fact
powerful tools. Putting the proper powers of attorney in place can greatly simplify legal requirements for someone who takes care of your affairs if you become incapacitated.

Having a power of attorney ready for family members or trusted friends or professionals to use in times of need can give you peace of mind that
you have all your bases covered. Unlike
a will, which applies after a death, a power of attorney applies during one’s lifetime. Preparing a power of attorney that names your wife, husband, son, daughter, mother, father, best friend or lawyer as your agent in a time of necessity can alleviate trouble and enable that person to focus on taking good care of you and your important matters.

What If You Do Not Have A Power Of Attorney And Something Happens To You?

Without powers of attorney in place, if you should be in a coma or otherwise unable to manage your own affairs, close family members or other people close to you might have to spend unnecessary time and money setting up a guardianship and/or a conservatorship. Meanwhile, the person stepping up to the plate for you may be too distracted to do his or her best job handling your affairs as you would want, including:

  • Managing your financial assets
  • Managing your home, vehicles and other physical property
  • Making decisions likely to have a great impact on your estate if you pass away
  • Making decisions about your health care

Get Powers Of Attorney In Place Or Get Advice On How To Fulfill Your Duties As An Agent Named In A Power Of Attorney

Estate planning lawyers at MHK Attorneys in Monroe County and the Lehigh Valley, can help you select and prepare powers of attorney and other key documents appropriate to your situation, including:

  • A durable power of attorney
  • A health care power of attorney

Likewise, if you are the agent named in a power of attorney prepared by someone else, we can guide you in the requirements and procedures of exercising your responsibilities correctly.

Discuss The Pennsylvania Powers Of Attorney Necessary To Complete Your Estate Plan

Learn what you need to know about estate planning, estate administration, will contests or related issues that require solutions.
Contact us today to schedule a consultation with one of our Pennsylvania lawyers.