How to Choose the Right Power of Attorney For You

A power of attorney (POA) allows you to appoint any person to manage your affairs if you are unable to do so. Depending on your document, your chosen agent can have either limited or broad authority to make legal decision on your behalf. While the POA is not necessarily an attorney, it does help to work with an experienced attorney from Boon Calk Echols Coleman & Goolsby PLLC who has an in-depth understanding of the legal decision-making process. Some examples where you might use a POA are when you are:

  • Scheduled for major surgery soon.
  • Have been diagnosed with a fatal or dementia-inducing disease.
  • Need to sell a large investment while out of the country.
  • Are a sole proprietor of a business. 

 

The above scenarios are just a few situations where a POA can prove useful. Other examples include settling claims, making gifts, handling financial transactions, estate planning with Longview Tx estate lawyers, and more. The good news is you can specify exactly the types of powers your agent can have.

Choose someone who will take their assigned duties seriously
Since you are only using a power of attorney for a critical situation, then you really want someone who will respect your wishes and can understand any associated legal issues with ease. Again, in this instance, it can really pay off to utilize an experienced attorney from Boon Calk Echols Coleman & Goolsby PLLC. In addition, an experienced lawyer can decipher both simple and complex laws with ease.

Select someone who has the ability to collaborate with other lawyers
If you are in a situation where you cannot speak for yourself, then you want to choose a power of attorney who can easily collaborate with other lawyers. When it comes to estate planning, or even managing your estate, lawyers of the affected parties may get involved. As a result, you want to hire the most powerful negotiators such as Longview Tx estate lawyers who will fight for and maintain your explicit wishes. Trying to handle this on your own may prove to be both frustrating and overwhelming--especially if you don't have the experience to do so.

Pick someone who can understand business
In the situation where you need a business agent, then it would behoove you to hire a business lawyer. If this power of attorney involves your company, then you want someone who has a deep understanding of business proceedings and business law.

 

Choosing the right power of attorney for you requires some thought and careful planning. In the end, an experienced attorney can ensure the most positive and legally-astute outcome based on your wishes. Contact our office to discuss your options further.