When it comes to protecting assets and planning for your estate, a Durable Power of Attorney is one of the most powerful planning tools available.
The attorneys at Genser Cona Elder Law will work closely with you to create a Durable Power of Attorney to help ensure you can take steps to protect your assets and your loved ones in the future - even if you become incapacitated.
A Durable Power of Attorney is a legal document wherein a trusted family member or loved one may be appointed to act on your behalf should you become incapacitated. Your appointed agent, called your "attorney-in-fact," will have authority to handle your income and assets, including banking matters, real estate transactions, and more on your behalf. A validly executed Power of Attorney is an important tool which will allow you to engage in estate planning and asset protection planning even in the event you suffer a debilitating illness.
A durable general Power of Attorney becomes effective immediately upon execution. It gives your appointed agent the authority to do anything with your property that you could do, including making gifts and asset transfers, if a Statutory Gift Rider is executed.
A Power of Attorney does not take away any of your power to act on your own behalf. You will continue to handle your own financial affairs. You may revoke the Power of Attorney at any time. Unless revoked, the Power will remain in effect until your death.
When you're choosing an agent, the experienced Elder Law attorneys at Genser Cona Elder Law will be with you every step of the way. We'll provide guidance and the framework to help you make the best decision.
Advance directives allow you to remain in the driver’s seat - in control of important financial and medical decisions. Our seasoned Elder Law attorneys will carefully listen to your needs and guide you to the best solutions to achieve your goals. Simply put, you don't have to do it alone. We'll be with you every step of the way, so you can rest easier knowing your future is secure.