A power of attorney grants another person authority to act on your behalf.
There are many situations in which you may not be able to make decisions for yourself or handle your own affairs. Whether you become incapacitated or you are simply out of the country for a lengthy period of time, a power of attorney allows you to grant a trusted individual authority to act in your stead or make decisions for you on your behalf.
A power of attorney should be tailored to your specific needs and situation:
- Temporary power of attorney gives an agent the ability to manage your affairs for a certain period of time. It ends automatically when conditions are met or the specified end date passes. If you expect to be away traveling but need someone to make business decisions in your absence, this can be a sound choice.
- Limited power of attorney gives an agent the ability to perform specific actions, but it does not give them the authority to make all personal or business decisions. A health care directive is one example of this type.
- General power of attorney gives an agent broad authority to act on your behalf for most financial, legal, and business matters such as paying bills or filing taxes.
At Tarantino Law, PLLC, our attorney can assist you by drafting a power of attorney that suits your specific situation, and you can rest assured that we are dedicated to your estate planning needs. If you are located in Huntersville, North Carolina, contact our firm today to schedule a consultation.
At Tarantino Law, PLLC, we create power of attorney documents for clients throughout the Lake Norman area, including Mooresville, Terrell, Sherrills Ford, Huntersville, Cornelius, Denver, and Troutman, North Carolina.