Maryland Power of Attorney Lawyer

Power of attorney gives another person the right to make certain decisions for another person, and it is an essential estate-planning tool. Often, when drafting a will or establishing a trust, individuals choose to give someone they feel close to a power of attorney. The person they want will only have as much power as the other party gives them, but they will still be allowed to make some decisions for them.

If you are considering giving another person power of attorney, it is best to understand what it is and how it works. You should also consider giving the power to someone you know can make the right choices. If you are in the process of estate planning, a Maryland power of attorney lawyer may be able to assist you. Reach out to a seasoned trusts and estates attorney today.

Reasons to Give Someone Else Power of Attorney

There are many reasons to establish power of attorney with the help of a Maryland power of attorney lawyer. Life often throws curveballs when people least expect it, and it can help to ensure there is someone to make rational decisions on your behalf when you cannot. Individuals often give another person power of attorney for the following reasons:

Emergencies

Many people give power of attorney to a loved one “just in case” an emergency occurs. Even when a person does not anticipate needing help in the future, an unexpected accident, illness, or absence can create the need for another person to make decisions for someone else. Most estate planning attorneys believe everyone should designate a power of attorney to make decisions if they are unable to.

Incapacitation

Aging can bring numerous illnesses and medical conditions with it, and as a person ages, they may develop conditions such as dementia. Such conditions may prevent a person from making rational decisions, and even younger individuals can develop conditions or sustain injuries that affect their ability to use logic and rationale. When a person is incapacitated, their power of attorney can act on their behalf.

Specific Period

If a person needs someone else to make decisions on their behalf briefly, they should designate a power of attorney. For example, if a parent needs to move to another state for a job, they can give them the power of attorney until they can return.

Be establishing power of attorney, a person can ensure a rational, close person makes decisions in their best interest if they are unable to.

What Do Powers of Attorney Cover?

Powers of attorney can apply to a broad range of issues, and fortunately, the powers a person grants to another person are totally up to them. When a person is given limited power of attorney, they only have the right to make certain decisions, such as selling a house or handling financial affairs. A person can also give another general power of attorney to handle all their matters. Powers of attorney are usually laid out in a living will.

Let a Maryland Power of Attorney Lawyer Assist You

If you are considering giving another person power of attorney, you may need help. Estate planning can be a complicated and time-consuming process without legal assistance, and you certainly want to make sure all your directives are considered. With an attorney on your side, you can ensure all your bases are covered.

Call a Maryland power of attorney lawyer when you are ready to talk.

Maryland Trust and Estates Lawyer