Powers Of Attorney: Make Sure You Are Prepared For Anything
A well-crafted estate plan does more than distribute your assets after you are gone. If you are ever incapacitated by illness or injury, your designated powers of attorney will protect you from financial mismanagement and medical mistakes. From our office in Golden, Colorado, the firm of Bradley Devitt Haas & Watkins, P.C., helps clients designate powers of attorney.
What Does Power Of Attorney Mean?
A person with power of attorney over another person has the right to make certain decisions or conduct certain business transactions on that person’s behalf. There are two types of powers of attorney:
- Medical power of attorney: A person with medical power of attorney over you will make medical decisions for you if you are unable to communicate your wishes. We will help you designate this important duty and make sure your wishes are carried out using documents like a living will.
- Financial power of attorney: As the name implies, this person handles your financial affairs on your behalf if you can no longer communicate your wishes due to incapacity or unavailability. This can be the same person designated as your medical power of attorney, or it can be a separate individual.
Our estate planning lawyers will help you create a plan that will give you peace of mind, knowing your finances and medical decisions will be in good hands no matter what the future holds.