Durable Power of Attorney
A durable power of attorney allows your agent, who you designate, to make financial decisions on your behalf in the event you are not able to manage your finances yourself. A durable power of attorney can be broad or limited. A power of attorney can be springing or immediately effective. Some individuals prefer power of attorneys to be effective only if deemed incompetent by two licensed medical professionals with knowledge of the principal’s mental capacity and health history.
If you would like to discuss what estate plan best fits your goals or would like to plan how to provide for your loved ones once you have passed, please call 828-254-0499 for a complimentary 15 minute consultation.