At Rooth & Rooth Elder Law Attorneys, we know how important it is to make sure your wishes are carried out, even if you are not able to vocalize your decisions. If you were to suddenly find yourself incapacitated, a durable power of attorney would give a trusted person the ability to make some of those important decisions for you. Our attorneys have over 50 years of combined experience in elder law, and we are passionate about protecting the elderly in our communities.
What Is a Durable Power of Attorney?
A durable power of attorney is the legal right granted by you to a third party to make financial decisions in your name if you become incapacitated. Of course, since this third party has so much legal authority in your name, it is extremely important that you appoint someone whom you can absolutely trust and who also possesses the ability to handle your legal and financial matters. This is usually family, but that may not always be an available option. A power of attorney can always be updated or revoked, but the person who had been previously appointed power of attorney must be informed that they no longer have the legal right to make financial decisions for you.
Why Do I Need a Durable Power of Attorney?
No one ever wants to think that the worst will happen, but having a power of attorney can protect you if you were to become incapacitated due to an injury, stroke, illness, dementia, or Alzheimer’s. The person with power of attorney will be able to help you pay your bills, take care of your investments, and buy or sell real estate and other assets. This can ensure that you are still able to care for your family, even while you are unable to work. A properly drafted and executed Florida power of attorney may also provide the necessary tools for long-term care planning, Medicaid planning, Qualified Income Trust, and asset protection.
How Can Rooth & Rooth Elder Law Help?
The attorneys at Rooth & Rooth Elder Law Attorneys can help you legally draft a power of attorney. We will work closely with you to ensure that you are as protected as possible, drawing on our years of experience in matters of elder law. You can make an appointment to discuss your estate planning in our handicapped-accessible office or, if necessary, have us come to you at home, in the hospital, or in a residential facility. Call (727) 397-4768 today.
