Legal issues can be complicated and difficult. It is often a good idea to hire professional attorneys in Atlanta if you want someone who knows what they are doing on your side.
In the event that you are incapacitated, a power of attorney can help manage your affairs. A power of attorney is a legal document that allows someone else (your agent) to act on your behalf.
You can choose an agent who lives near you or one who lives far away so that they may act quickly if needed without delay. Read this blog post to discover 5 incredible benefits of a Power of Attorney.
- Clear Intent
Your family members would be aware of your preferences if you have healthcare and financial powers of attorney set. When you choose an agent to make some choices in your place, you will avoid arguments over what to do. If you have a power of attorney, your agent will be able to carry out the decisions that are within the scope.
You can give somebody else authority to make professional legal decisions for you if you become incapacitated or cannot handle your affairs properly. You must find someone whom you trust and who is willing to act on your behalf when necessary.
- Keeps Your Family Safe
Another great benefit of having a power of attorney is that it protects you and your family. It’s hard to think about, but if something were to ever happen to you, how would your loved ones be able to handle the legal issues without any guidance? A professional attorneys Atlanta will help guide them through this difficult time so they can move on with their lives after everything has settled down.
- Assets Are Protected
A power of attorney enables you to protect your assets and property if you become incapacitated. Assets such as home, cars, investments and bank accounts can be easily secured so that they are not used up for medical expenses or lost during the transfer process when a person becomes incapable of managing his/her own affairs due to illness or injury.
- Avoids Financial Abuse Allegations
A power of attorney is an absolute legal authority given to another individual, the executor or agent. This means that they are entitled to access all your financial records and accounts in order to manage them according to your wishes whilst you are unable. As the professional agents have been legally appointed by you, this ensures there will be no allegations of financial abuse against any family members as a result of their actions.
- Ease to Tourist
It is not necessary to have a power of attorney only when you become incapacitated. Several people who frequently travel, especially internationally, hire an agent to keep track of their finances while they’re gone. This advantage has become much more valuable as a result of COVID 19-related travel restrictions and prohibitions imposed by states as well as other nations.
The Bottom Line
As you can see, creating a power of attorney is one of the most important steps you can take to protect yourself. The attorney for estate law will help make your wishes clear and ensure that they are carried out after any illness or injury that may prevent you from making legal decisions for yourself.
More Information
Wills and Trusts Attorney in Texas
Visit Holly Geerdes on Twitter
