Power of Attorney
POA and Estate Planning Attorney in Severn, MD
Your Power of Attorney (POA) agent will be critical in you and your family's legal and financial planning. If you feel uncertain about who to choose, allow the professionals at Trevillian Law to assist you. We are a full-service law firm providing an estate planning attorney to Seven, MD clients and those in surrounding areas. Our team is passionate and looks after our client's safety and happiness. We will aid you in arranging all your legal and financial affairs with knowledge, professionalism, and compassion.
What Does a Power of Attorney Do?
A Power of Attorney allows someone you trust to become an agent acting on your behalf regarding your financial and legal matters. A POA can be anyone you want, from a family member, friend, legal advisor, and more. They help when you are unable or unavailable to do tasks like signing legal documents or communicating with banks. Your POA is allowed to sign your name on legal, banking, and government documents and communicate with institutions to arrange your benefits.
The Types of Power of Attorney
There are five primary types of POA used for different legal purposes: They are:
Durable Power of AttorneyA DPOA takes power once you've signed approval. The DPOA's power ends immediately after you pass away.
Medical Power of AttorneyAn agent appointed to make your healthcare decisions regarding treatments, procedures, and donations on your behalf if you become incapacitated.
General Power of AttorneyThis type gives an agent wide-spanning authority over your banking, property, bills, and contracts and the ability to act on your behalf.
Limited Power of AttorneyThe opposite of general power, the LPOA (or Special Power of Attorney) has the power to make decisions on your behalf for designated situations and circumstances.
Springing Power of AttorneyA Springing or Conditional Power of Attorney only acts on your behalf during specific, sudden, or unforeseen circumstances to which they're designated.
Should I Have a POA Agent?
Whether or not to appoint someone as a POA over your financial assets depends on your situation. Power of Attorney is a crucial tool for many clients, so it will likely be discussed at some point during your estate planning. We always encourage clients to choose someone they trust as their POA. Most clients choose their spouse, child, family member, or friend who cares about them and will make decisions according to their best interests. We recommend speaking with a legal professional while making your decision so you make the right choice.
Preparing for All Stages of Life
You have many POA types to choose from depending on your financial status, health condition, and general life circumstances. With many factors to consider, you need an experienced and dedicated legal team fighting for you and what's best. Trevillian Law readies clients throughout Severn, MD, and surrounding areas for their current and future legal needs. When appointing a POA, picking the most responsible, committed, and sensible person is essential. We'll help you put the perfect person in charge, providing peace of mind and confidence.