Establish a Power of Attorney.
Putting a power of attorney in place or establishing a healthcare directive enables a representative of your choice to make financial or health care decisions at a time when you are unable to do so for yourself.
At Lovelace Law, P.C. we are experienced in drafting powers of attorney and living wills. We will take the time to review your options and help you understand the legal ramifications of your choices.
In Texas, when discussing powers of attorney, we are commonly referring to two different kinds of powers of attorney: a medical power of attorney and a statutory durable power of attorney.
Medical Power of Attorney
A medical power of attorney allows you to designate another person to make health care decisions on your behalf if you become incapacitated. Typically when executing a medical power of attorney, you will also complete a living will, or advance directive. A living will addresses complicated issues. It allows you to make certain medical decisions in advance, taking the decision making burden off the shoulders of your family and loved ones.
Statutory Durable Power of Attorney
A statutory durable power of attorney allows you to designate another person to make financial decisions on your behalf if you become unable to do so. That designated person can typically make a wide array of financial decisions for your benefit if you are incapacitated, including but not limited to filing your taxes, handling your assets, and paying your bills.
Planning for your future needs is important to protect your assets and keep your family from having to make difficult choices. At Lovelace Law, P.C., we have a reputation of being the kind of law firm that is responsive to our client’s needs. Even if you do not become a client, we will be happy to answer your questions, at no charge during the initial consultation.