Let us help you protect your best interests by guiding you as you draft powers of attorney in Concord.
Estate plans vary greatly depending on the situation and needs of the creator. While all estate plans are different, most include a few basic tenets, including powers of attorney. Our legal team at NorthPointe Law Group highly recommends that everyone in the Concord, North Carolina area include powers of attorney as part of their comprehensive estate plan.
There are two main types of powers of attorney: financial powers of attorney and healthcare powers of attorney. Both are referred to as “life documents.” These types of legal documents can only be used while a person is alive and may be used frequently or not at all, depending on need. Although they generally serve the same purpose, they are two very different tools.
Financial powers of attorney allow someone to handle their financial needs if they are unable to do so or cannot do so with ease. In comparison, healthcare powers of attorney outline who can make medical choices on behalf of another person. This type of document is usually needed when a patient is incapacitated and cannot make medical decisions for themselves. Not only does this document give power to a designated person, but it also helps medical facilities avoid conflicting decisions from family members.
Our team at NorthPointe Law Group wants to help you effectively protect your medical and financial interests in the event of incapacitation. We want to give you more information about with powers of attorney and the role they play, so please do not hesitate to give our firm a call.