Power of attorney isn’t limited to older people.
Everyone deserves the right to ensure that a trusted individual will act accordingly on their behalf, from healthcare decisions to financial matters and guardianship of minor children. A Kansas City power of attorney lawyer with Centonzio Law helps protect your assets and loved ones, no matter what lies ahead.
Why You Need a Power of Attorney
A power of attorney allows someone to make legal, financial, or medical decisions in a manner that you choose.
Having a power of attorney ensures that your wishes are respected if you cannot speak for yourself. You retain the right to manage your affairs, but a power of attorney gives you peace of mind that someone else will handle them for you if necessary.
How to Establish a Power of Attorney
Power of attorney is more than paperwork, although drafting and filing documents are essential to the process. If improperly executed, a power of attorney might not offer the financial, legal, and medical protection that you want.
You want to be sure that you have the correct power of attorney for your situation.
Selecting Your Power of Attorney ‘Agent’
A power of attorney agreement legally allows an agent to act on behalf of another, known as a principal.
Most people choose a family member, close friend, or lawyer as their agent. The individual you select should be trustworthy and willing to take on the various responsibilities as your power of attorney. They do not have to be a Missouri resident.
General Versus Durable Power of Attorney
A general power of attorney becomes invalid when the principal becomes incapacitated. A durable or medical power of attorney allows the agent to continue to act on your behalf if you become incapacitated.
Which Missouri Power of Attorney Is Best for You?
Let our attorneys assess your needs & guide you.
In Missouri, certain powers must be stated explicitly for a power of attorney to be authorized based on your legal, financial, and medical needs.
Durable Financial Power of Attorney
A durable financial power of attorney is recommended if you want someone to act on your behalf should you become incapable of handling your finances.
Under a durable financial power of attorney, your agent could:
- Pay bills from your checking account
- Handle real estate transactions (selling or renting your home, for example)
- Withdraw, transfer, or deposit money into your account
Durable Power of Attorney for Health Care
A durable power of attorney for health care gives another person authority to make medical decisions for you, including:
- Consent to treatment
- Refusal of consent
- Withdrawal for any treatment, service, or procedure, including life-saving care
Military Power of Attorney
This power of attorney gives a spouse or agent to act on behalf of actively deployed military personnel. Active duty service members are often unavailable for months at a time. Military power of attorney allows a trusted individual to take care of important matters during this period.
What if You Don’t Have a Power of Attorney?
Your voice may not be heard.
It is not pleasant to think about. However, working with a lawyer now helps ensure that your wishes are respected, no matter what happens tomorrow.
Without a power of attorney in place, life-changing decisions about your medical, financial, and personal affairs are put in the hands of strangers or family members in a stressful time. Often, the court decides the fate of your hard-earned assets or the future of your children.
A power of attorney helps give you control over many of life’s uncertainties.