As you begin estate planning, one of the key documents to fill out is a durable power of attorney. This document allows you to appoint someone, usually a family member or close friend, to handle your affairs and make decisions on your behalf, should you become ill or incapacitated. This includes financial and medical decisions. While you have the option of drafting this document yourself, partnering with an attorney at Mayfield Bustarde, LLP ensures that your durable power of attorney covers all your needs and complies with the law.
The person you select for your durable power of attorney is known as your agent. Your agent must be an adult, aged 18-years or older who has sound mental capacity to make decisions on your behalf. It is important to select someone you trust who will always have your best interests in mind. You always have the option of changing or revoking your durable power of attorney before you become incapacitated, and it is only effective while you are alive. Once you pass away, a durable power of attorney will become void, so it is critical to have a will or trust to establish your wishes.
Having a durable power of attorney is an important part of estate planning. To ensure yours is accurate, come to the law offices of Mayfield Bustarde, LLP. Call us today to schedule your free consultation.