Power of Attorney, that is. Yesterday, we discussed the Will as the most important document of your estate plan. Another important document is the Power of Attorney.
The Power of Attorney designates an individual known as your agent to handle critical financial transactions on your behalf if you become incapacitated. This can include powers that range from signing checks for household expenses to arranging the sale of property or other personal or business assets.
If the person you want to name is NOT familiar with your financial transactions, then you need to let them know and provide them with the necessary information. The most important thing about appointing an agent is naming a person you trust. We can create the Power of Attorney for you. Contact us at www.ythlaw.com
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