If you become sick or disabled, either temporarily or permanently, who will make decisions for you?
1. A Power of Attorney allows you to appoint someone you trust to handle your affairs if you cannot do so.
2. If you cannot pay bills, get records, make phone calls or make other decisions, your family will be prevented from helping you.
3. Without a Power of Attorney, your family may have to file what is known as a Conservatorship or Guardianship Proceeding, seeking conservatorship/guardianship of the disabled person. This process involves the Court, lawyers and may cost several thousand dollars. A Power of Attorney might cost a few hundred dollars.
4. It is important that you give your family the tools to help you if you cannot help yourself.
5. We recommend you have atleast one backup or alternate attorney-in-fact should your original agent be incapacitated, unwilling or unable to serve.
Questions? info@RobertRomanoLaw.com