In all of these situations, a Power of Attorney is the document to get the job done. I'm Fall River estate planning attorney Wilfred C. Driscoll, Jr. I can help you prepare the right Power of Attorney document for your specific need.
A Power of Attorney document allows someone to make decisions on another person's behalf. The document can be temporary or time-limited;for example,allowing someone to sign business documents when the business owner is out of the country. It can also be permanent, which may be needed to make decisions for a person suffering from dementia or a degenerative illness.
There are two different types of Power of Attorney. A Medical Power of Attorney gives someone authority to make medical decisions on your behalf. When you prepare an Advance Medical Directive to communicate your wishes for emergency or end of life medical care, you will need to name someone who can work with the doctors to make those decisions. This is a Medical Power of Attorney or a Healthcare Proxy.
If you need someone to handle your finances when you are unavailable, or if you need to handle the finances of a family member with diminished capacity, you will need a financial Power of Attorney. A financial Power of Attorney gives someone the authority to sign contracts, to write checks, to manage investments, to open and close bank accounts and other financial and business matters.
If you are concerned about an elder or incompetent family member, call (508) 672-8718 to speak with me, Fall River elder law attorney Wilfred C. Driscoll, Jr., or contact me online.
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