Empowering Chicago Residents with Power of Attorney
A power of attorney (POA) is your legal safety net. While you may not need one today, life is unpredictable. Accidents happen, and age catches up with all of us. A POA grants someone the authority to make decisions on your behalf – whether it’s managing finances, handling medical choices or tackling legal matters. Without an established POA, chaos can ensue. At North Shore Estate Planning, we understand the importance of proactive planning.
Our community-oriented law firm boasts recognized lawyers who specialize in comprehensive estate planning. We’ve helped countless clients secure their futures. From drafting wills to creating trusts, we’re committed to safeguarding your interests.
Contact us at 847-464-9825 or schedule an appointment online for a free 15-minute consultation.
Who Can You Trust to Make Decisions for You?
The decision to designate a POA is one to take seriously. These appointments play a crucial role during difficult times, including times of incapacity. The person or people you name will have considerable authority to act on your behalf. Depending on the type of POA you choose, some of their key duties can include:
- Financial management: Your chosen agent can handle financial transactions, pay bills and manage your assets.
- Health care decisions: They can make medical choices for you based on your wishes.
- Legal matters: From contracts to real estate, your POA acts on your behalf in situations requiring legal representation.
Keep in mind that even if you have a health care directive in your estate plan, POAs can still be necessary. These tools provide different protections and grant different authorizations. Having different individuals fill these distinct roles can prevent conflicts and allow agents to capitalize on specialized skills.
Questions to Ask about Your Trusted Agent
Before designating a POA, ask yourself:
- Reliability: Has this person proven dependable in the past?
- Shared values: Are they aligned with your legal and financial beliefs?
- Legal requirements: Consider their age and health – will they be capable of serving in the desired capacity?
Your answers to these and other questions can help you feel confident when making your decisions.
Unlock Your Legal Peace of Mind Today
Making these decisions can be emotionally challenging. At North Shore Estate Planning, our compassionate team of estate planning attorneys understands the weight of these choices and how they will affect your future. To discuss POAs or for a free 15-minute consultation, please call 847-464-9825 or send us a message.