A Power of Attorney (POA) is a tool that can be used to give someone full or limited rights to make decisions or perform certain acts in your place. In the event of a serious illness or incapacity, a POA allows you to designate a representative to do things such as write checks, pay bills, invest, sell real estate and other assets, and make medical decisions on your behalf.
It is important to have two separate Powers of Attorney:
Financial Power of Attorney – allows you to designate a person to act in your best interests when it comes to handling bank accounts, paying bills, selling and buying assets, and making other financial decisions.
Health Care Power of Attorney – allows a family member or anyone else you designate to make health care decisions on your behalf in accordance with your wishes. It often incorporates a Living Will, which is a directive in the event you are incapacitated or otherwise unable to make a final healthcare decision.
Call 215-344-8343 or contact me by e-mail to arrange your free consultation with a Philadelphia Power of Attorney lawyer.
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