Establish Florida durable power of attorney in West Palm Beach with your Millman Law Group attorney.
As individuals grow older, they are increasingly at risk of injuries and illnesses that can leave them incapacitated. This is why it is essential to consider who you can trust to make medical or financial decisions on your behalf or the behalf of an elderly relative in cases of incapacitation. When you establish power of attorney, you can avoid confusion and conflicts that result when others are expected to make decisions without clear guidance. When establishing Florida durable power of attorney in West Palm Beach, you must work with a professional estate planning attorney. Aaron D. Millman, Esq., CPA, established The Millman Law Group to guide families through this process as seamlessly as possible.
The Responsibilities of Durable Power of Attorney
Power of attorney is created through a document drawn up by your lawyer. The person assigning the powers (the principal) designates an agent to act on their behalf. The principal specifies every authority granted to the agent, and the POA is put into effect once the document is signed.
Any person granted Florida durable power of attorney in West Palm Beach can control the principal’s estate. The agent has the ability to:
- File tax returns
- Make medical care decisions
- Buy and sell properties
- Manage accounts
The agent is responsible for their actions and must record every decision made on behalf of the principal to demonstrate that they followed the instructions left by the principal.
The Benefits of Working with a Lawyer in West Palm Beach
Establishing a durable power of attorney can be beneficial but complicated. This is why working with an estate planning lawyer at The Millman Law Group is recommended. Your attorney will help you decide which powers should be assigned. If powers are not specified, the agent may be unable to make critical care decisions. As the principal, you can also select successor agents or co-agents to prepare for unexpected problems in the future.
After the principal dies, the estate documents will dictate all financial matters. The same person can be named executor and granted durable power of attorney. An experienced estate planning lawyer will help you determine the best choice.
Gain Peace of Mind with Durable Power of Attorney in Florida
A court-appointed guardian will gain control if you do not grant Florida durable power of attorney in West Palm Beach. This scenario can lead to many challenges for families, especially if an elderly relative has exact wishes for their medical care.
A durable power of attorney can be a wonderful way to plan for the unexpected moments in life. However, everyone involved must be in agreement. Your Millman Law Group attorney will assist you and your family and help you feel confident that you have made the best decisions for the future.
Contact The Millman Law Group To Establish Florida Durable Power of Attorney in West Palm Beach
Millman Law Group, PLLC is one of the only law firms that offers life planning in South Florida. From life care planning to the preparation of detailed estate plans, Millman Law Group has committed to serving Floridian elderly communities in Boca Raton, Palm Beach County, Ocean Ridge, Hillsboro Beach, and many other areas since 2018. Our dedicated team specializes in special needs trusts and catering to any age demographic because we know that it’s never too early to start preparing for your future. For the latest news in estate planning and elder care law, follow us on Facebook, Twitter, LinkedIn, and Pinterest. You can also contact us at 561-463-6480.