A “general power of attorney” is a document where you name a person to manage your trust or non-trust assets in the event of your incapacity or absence. This document gives your nominated person broad powers to dispose of, sell, convey and encumber your real and personal property, but only according to the terms that you outlined in your documents. The nominated individual has very broad authority to continue to conduct your business, make necessary expenses, and continue to distribute assets according to your wishes, until the reason for your absence or incapacity is cured.
Every estate planning package drafted by our attorneys includes the Durable Power of Attorney for Management of Property and Personal Affairs. We can also draft these documents a-la-carte.
If you have a power of attorney that was drafted more than 10 years ago, it might be out of compliance with current laws and regulations and should be reviewed and revised.
Book a free consultation below if you have any questions about this service.
Every estate planning package drafted by our attorneys includes the Durable Power of Attorney for Management of Property and Personal Affairs. We can also draft these documents a-la-carte.
If you have a power of attorney that was drafted more than 10 years ago, it might be out of compliance with current laws and regulations and should be reviewed and revised.
Book a free consultation below if you have any questions about this service.