By definition, a power of attorney (POA) is a document in which you name (appoint) an organization or individual, referred to as the “agent”. In that role, the agent would manage your financial, medical, and legal affairs if you were unable to do so.
There are different types of POA, each with varying levels of control. To protect yourself should you ever become incapacitated, Dan Claiborne has the experience and expertise required to execute the appropriate power of attorney.
With a power of attorney, you have several major decisions to make. You want to be certain that you name the right agent, someone who will respect all of your wishes, make decisions that are in your best interest, and never abuse the powers of a POA. The biggest factor in choosing the right agent is trust. For that reason, an agent is often a close family member, friend, organization, or even an attorney.
As part of the agent’s role, extremely accurate records must be maintained. The agent is also required to provide you with periodic updates. If for any reason you are unable to review the updates, a named third-party would step in. As an agent, there are legal responsibilities relating to proper conduct.
Hiring an attorney is not mandated to execute a power of attorney. However, with different types, varying levels of controls, and other critical factors, you should at minimum consult with an attorney. Dan Claiborne in Dallas County Texas will be happy to answer your questions, provide guidance, or serve as legal counsel for a power of attorney. For more information, you can contact Dan by phone, email, or through the law firm’s website.
