A Power of Attorney is a legal document that can nominate and assign some or all of your legal rights to an agent who will have the ability to make financial and contractual decisions for you in the event of your incapacity or absence. A General Durable Power of Attorney is a Power of Attorney Document that does not automatically terminate in the event of your incapacity. A Power of Attorney becomes void upon your death, which is why it important to have a trustee relationship in place before death, because a trustee relationship will continue after your death.
At Alison Mathey Lambeth Law, we will assist in drafting an estate plan that is tailored to your needs and wishes. Every estate plan will be different. There is no “simple situation” in this line of work. It is important to have a lawyer review and/or draft your Power of Attorney to make sure you are up-to-date and have not omitted critical language and powers. We recommend that anyone over age 18 have a Power of Attorney in place.
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