Engaging a power of attorney includes appointing someone you trust to manage certain responsibilities when you are no longer available, helping take financial decisions or provide appropriate medical treatment or provide guardianship to your children.
Without engaging a power of attorney, it might be difficult for your family to help make decisions if you become incompetent or incapacitated due to some reason.
At SR Lawyer, our expert estate lawyers are here to provide a detailed assessment of the legal need to best determine when power of attorney should be implemented. Our team helps you with power of attorney services, including choosing an appropriate agent to delegate all the decision-making and to determining whenand how you want the power of attorney to be effective.
A financial power of attorney authorizes an individual whom you trust to make decisions regarding your financial matters. It typically becomes effective upon the occurrence of a future event in case you become incapacitated or incompetent.
A medical power of attorney may be necessary when you’re unconscious (coma), under anaesthesia or you become mentally incompetent to make a decision. Engaging a medical power of attorney before the occurrence of such critical conditionis quite vital. One of your trusted family members or friends can be appointed on your behalf.
If you’re unable to manage your previously set appointments, engagements or affairs, you should go for an Enduring Power of Attorney. It will allow someone else to take care of all the task on your behalf.
We at SR Lawyer can assist you in determining the best individuals to act as guardians of your children on your behalf. This Power of attorney enables you to designate another adult to make decisions for your child if you cannot for valid reasons. However, it doesn’t require you to give up your parental or custodial rights.
If you’re facing some complexities regarding power of attorney, be sure to consult with our experts today.
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