Power of Attorney
Designating a Power of Attorney
A power of attorney is a legal document created by the principal (grantor of the power). It gives another person, referred to as an “attorney-in-fact”, the legal authority to act on behalf of the principal. It is possible to give the agent broad, ongoing powers, including the ability to handle finances, or simply limit him or her to specific actions and/or dates like selling an asset during a time frame. The agent may not represent a principal in court or change/revoke a will.
Contact Us regarding your power of attorney needs in the Calabasas area.
Health Care Powers of Attorney Calabasas
Establishing a power of attorney is important when planning for unexpected catastrophic life events, such as sudden accidents. Even people who do not have extensive assets should have power of attorney guidelines established; without power of attorney it is necessary to get a conservatorship that can implement your wishes in these events.
- In the case of an advance health care directive, you can establish end-of-life decisions by determining who will make decisions on your behalf and what kind of treatment you will be provided.
- In the case of financial power of attorney, as mentioned above, all the details of finances can be delineated.
Customized Estate Planning Services
It is important to note that establishing power of attorney is by no means “one size fits all.”
Louis Pacella has worked with hundreds of California clients to establish power of attorney guidelines that meet their needs. We attribute the firm’s success to comprehensive knowledge and dedication to clients’ unique circumstances.
If you are interested in learning more about setting up a durable power of attorney, schedule a free initial consultation with attorney Louis Pacella.
Call 818-614-9245 or e-mail us.