It’s never too late to start planning your future – and your Michigan durable powers of attorney lawyer can help. At Gudeman & Associates, P.C., we have over 100 years of combined legal experience, and our team can assist with a wide variety of estate planning concerns, from powers of attorney to asset protection.
Now, it’s time to learn a little more about how you can protect your final wishes. Read on to see why you may need a durable power of attorney, and how the right legal team can help you plan for the worst.
What Is A Durable Power Of Attorney?
A durable power of attorney grants a trusted individual the right to act on your behalf. Translated from legalese, it means whoever has durable power of attorney can legally make financial, legal, and medical decisions for you.
There are powers of attorney, and there are durable powers of attorney. A regular power of attorney is in effect while you’re still alive and able to manage your own affairs. Whoever is granted power of attorney can make important decisions for you, but you’re still able to act and make these decisions yourself if needed.
On the other hand, a durable power of attorney takes effect when you’re no longer able to make these decisions yourself. This makes a durable power of attorney a valuable tool for estate planning.
Why Do I Need A Durable Power Of Attorney?
Establishing a durable power of attorney can help your loved ones make important legal and financial decisions, while still staying true to your wishes. It’s also important insurance in case of emergencies or incapacitation. For example, if your family has a history of Alzheimer’s, you may want a durable power of attorney just in case you’re unable to handle your legal, medical, or financial decisions later.
Creating a durable power of attorney can also provide peace of mind for your loved ones. There’s no telling what the future holds, and a serious accident can lead to temporary or permanent incapacitation. In a worst-case scenario, whoever holds durable power of attorney can guard your assets, make important decisions, and continue to protect your wishes.
What Can A Durable Powers Of Attorney Lawyer Do For Me?
Creating a durable power of attorney is complicated. Like all other legal matters, it’s challenging to understand all the requirements, paperwork, and related fees. But with the right Michigan durable powers of attorney lawyer on your side, you can plan for the future while preparing for the worst.
Contact Gudeman & Associates, P.C. Today
At Gudeman & Associates, P.C., our team is standing by to help you establish a durable power of attorney. In fact, with over 100 years of combined legal experience, we’re ready to help you with your other estate planning needs, too. From wills and trusts to powers of attorney and asset protection, we can make sure you’re on the right path to a better tomorrow. Contact us today, and see what a Michigan durable powers of attorney lawyer from our office can do for you.