Durable Powers of Attorney

Durable Powers of Attorney: Ensuring Your Wishes Are Followed

A Durable Power of Attorney (DPOA) is a legal document that allows you to appoint someone you trust to manage your financial, legal, and personal affairs and that can be used when you are incapacitated. Unlike a standard Power of Attorney, which becomes invalid if you are incapacitated, a Durable Power of Attorney remains in effect, so your chosen agent can act on your behalf when you need them most.

At Warshofsky Law, we understand the importance of having a clear, legally binding plan in place to protect your assets and personal well-being. By creating a Durable Power of Attorney, you can designate a trusted individual, known as an agent or attorney-in-fact, to make critical decisions regarding your property, finances, and other personal matters if you are unable to do so.

What Can a Durable Power of Attorney Do?

With a DPOA in place, your agent may have the authority to:

• Manage your bank accounts, investments, and real estate properties.
• Pay bills and handle financial transactions on your behalf.
• Make decisions about your business or legal matters.
• File tax returns and represent you in dealings with government agencies.
• Handle insurance claims, retirement accounts, and other financial matters.

Why is a Durable Power of Attorney Important? A Durable Power of Attorney offers peace of mind, knowing that someone you trust will be able to take care of your financial and legal affairs if you are unable to do so. It helps prevent delays or disputes that can arise if family members or others must seek court approval to manage your affairs without a DPOA in place. 

Customizing Your Durable Power of Attorney At Warshofsky Law, we can tailor your Durable Power of Attorney to meet your specific needs. You can grant your agent broad authority or limit their powers to certain areas, such as real estate or financial management. We will work closely with you to ensure that the document reflects your preferences and provides comprehensive protection.

Get Started Today Creating a Durable Power of Attorney is an essential part of any comprehensive estate plan. To ensure your future is protected and your wishes are respected, contact the offices of Jason Warshofsky at 305-446-1244 or email Jason at Jason@WarshofskyLaw.com for a consultation.