Our team can help you create a power of attorney document and complete other estate planning tasks.
Many people have misconceptions about power of attorney and how one works, which can cause confusion and hesitancy for both the principal (the person granting the authority) and the agent (the person receiving the authority). Our team at Vanderbloemen, Fleischer & White, PLLC is here to provide the answers you need and help you create the right plan for your specific wishes and situation.
The most frequent misconception we run into is that many people believe that a power of attorney refers to a specific person or is a title given to a person. Power of attorney is actually a legal document that allows someone to act and make decisions on your behalf should you become incapacitated or otherwise unable to make your own decisions. The person to whom you grant the authority is known as the agent, or sometimes the attorney-in-fact, and the person who is granting the authority is known as the principal or the grantor.
Another common point of confusion surrounding power of attorney is what powers they grant the agent. Many people are surprised to learn that there are many different types of powers of attorney, each of which serves a specific purpose. For example, a healthcare or medical power of attorney authorizes the agent to make medical decisions on behalf of the principal. In contrast, a financial power of attorney grants the agent authority to make financial decisions. There are also more generalized powers of attorney and ones that are extremely specific to particular situations.
Our team can help you determine what type of power of attorney you need, as well as assist with drafting it and making sure everything stipulated within it is legally sound. We have years of experience helping clients in Taylorsville, North Carolina and surrounding areas create power of attorney documents and other estate planning tasks, and we are always ready to answer any questions you may have or provide insight that can help you ensure you’re prepared for the future, whatever it may hold.
Contact one of our offices to learn more about power of attorney or to start the process.
At Vanderbloemen, Fleischer & White, PLLC, we can create power of attorney documents for those in Catawba, Claremont, Connelly Springs, Conover, Denver, Granite Falls, Hickory, Hiddenite, Hildebran, Hudson, Lenoir, Maiden, Morganton, Newton, Rhodhiss, Sherrills Ford, Taylorsville, Valdese, and Vale, North Carolina.
