The Importance of a Durable Power of Attorney

Attorney in Raleigh NC: What is a Durable Power of Attorney?

Our attorney in Raleigh NC believes that a durable power of attorney is an essential part of estate planning no matter where you live. Should you become incapacitated or unable to care for yourself or your affairs without preparing a durable power of attorney, family and friends might not be allowed to make many important financial and care decisions. They may be unable to pay bills or make important healthcare decisions in your time of need. Should your family need to seek Medicaid help on your behalf, they might not be able to assist due to legal concerns. It is important to have a durable power of attorney in place, before you become incapacitated. Otherwise, anyone who wishes to assume the task of durable power of attorney might have to go to court in hopes of becoming officially appointed as your guardian. By the time the court approves a durable power of attorney, it may be too late. Be sure to contact Eldreth Law Firm, PC to see what it takes to add a durable power of attorney into your estate plan.
People often hesitate when thinking of preparing and signing a durable power of attorney. Oftentimes, elders think that they may be losing their independence. It’s understandable that elders may think this. It’s not, however, something to be fearful of. It may be one of the most important things you do. What might be more fearful is the thought of your family not being able to care for you or make decisions for you and your well being. Leaving your family to deal with things that might be out of their hands could create a situation that’s hard to deal with. Your attorney in Raleigh, NC will help you easily prepare your durable power of attorney.
It's essential, of course, to choose a durable power of attorney wisely. It’s also important to discuss the latitude of their accountability. A durable power of attorney can be revised or revoked at any time, so it’s best to consider all options before appointing an agent. If you do it right from the start, changes or revocation might be avoided.
To learn more about the durable power of attorney, and why it’s important to put one in place, be sure to contact Eldreth Law Firm, PC. We work with clients, in and around, the Raleigh, NC area to ensure their estate plans are in order. Also be sure to visit our website for more information on other services our attorney in Raleigh NC offers.

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