Estate planning is about more than simply making a will to distribute your assets after your death. You should also consider who will be handling your financial matters and health care decisions if you are mentally or physically incapacitated. A durable power of attorney is a legal arrangement that designates an individual to make financial decisions on your behalf if you become too ill to do so. Working with an elder law attorney is the best way to handle your Fort Lauderdale durable power of attorney.
A regular power of attorney allows you to designate another individual to exercise financial control on your behalf. This legal arrangement can be set up to last for a specific amount of time or to stay in force until you die or become incapacitated. A durable power of attorney, by contrast, is usually designed to be used if you become physically or mentally incapacitated and are no longer able to manage your own finances and legal affairs.
Your Fort Lauderdale durable power of attorney will go into effect immediately upon your signature of the documents. Your chosen representative will then be able to manage your finances and to make medical arrangements on your behalf, which could have a significant effect on your quality of life and your financial situation. For these reasons, it is of critical importance to choose a trustworthy individual to hold your durable power of attorney and to make these decisions for you.
Working with an attorney who specializes in elder law will ensure that your durable power of attorney is valid and that you receive the best and most practical guidance throughout the estate planning process. This can provide you with added peace of mind and improved confidence that your interests will be protected if you are no longer able to handle your own affairs.
At the Law Office of Rhonda D. Zimmerman, Esq., we specialize in elder law in the state of Florida. We can help you design and draw up a Fort Lauderdale durable power of attorney that suits your needs and protects your interests if you become incapacitated because of mental or physical health conditions. To learn more about our estate planning services, call us today at (561) 672-7265. We look forward to the opportunity to work with you.