General Power of Attorney Lawyer Columbus, Ohio
Empower your loved one to help take care of your financial needs in the event of an emergency.
A General Power of Attorney is a legal document that will allow the person you appoint to take care of any financial needs that you may incur if you are not able to deal with your own needs.
Do you need to create a plan for someone to take over your financial responsibilities? Get a Free Case Evaluation today.
A General Power of Attorney is a person you trust such as your spouse, your child, or close relative or family friend, that serves as your “agent” or “attorney-in-fact” and will act on your behalf. Their duties include handling financial and business transactions, buying life insurance, settling claims, operating business interests, and employing professional help for you to make your life a little easier to manage. However, if you ever become incapacitated, the duties that a General Power of Attorney has becomes null. A Durable Power of Attorney would continue to make decisions on your behalf until death has occurred or if they revoke their powers granted by their client. If you have questions or want to establish a General Power of Attorney, please contact Erney Law in Columbus, Ohio.
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Why you need a General Power of Attorney lawyer in Columbus, Ohio.
There are plenty of pre-written, out-of-the-box forms that can be filled out. However, none of these canned documents are specific to you or your needs. Employing an experienced probate attorney that specializes in writing legal contracts for general power of attorney duties like Erney Law in Columbus, Ohio is important because everything that is detailed in the document will be absolutely specific to you and your immediate needs and priorities.
Pros and cons of utilizing a General Power of Attorney in Columbus, Ohio.
There are a number of pros and cons to drawing up a general power of attorney. Here is a checklist of those advantages and disadvantages:
- It is very inexpensive to establish a general power of attorney
- Your loved one will have the power to decide who makes decisions on their behalf
- Your loved one will control which powers the agent possesses
- There may be questions targeting the competency of your loved one during the time the general power of attorney was established
- Some institutions may not accept your general power of attorney after a period of time or require that the document be written on special forms
- The powers could potentially be written too loosely, opening opportunities for the agent to abuse their powers
What's the process?
Personal injury cases can be complicated and not always guaranteed. Our process ensures that every client we represent will receive the best possible financial outcome, and start the healing process.
Free Case Evaluation
We will first review your case carefully, get to know you, and gain an understanding of your injuries.
Monitor Your Care
We ensure you are receiving the proper medical treatment during this difficult time.
We Handle Everything
We will relieve the worry and burden of dealing with the insurance companies and maximize your financial recovery.
Frequently Asked Questions
What is a general power of attorney?
A general power of attorney allows you to name another person to act for you in the event you are unable to conduct financial and other transactions for yourself. You do not give up your right to make your own financial decisions and conduct your own financial and other transactions. Our law firm has assisted many people achieve peace of mind by preparing general powers of attorney.
Why should I have a general power of attorney?
In the event you are unable to conduct financial or other transactions yourself, your general power of attorney will be able to conduct them for you. Your general power of attorney will enable the person you select to sign your name to financial documents, buy or sell real estate in your name, renew license plates for vehicles, open and close bank accounts, and conduct many other transactions on your behalf. You do not give up your right to perform any of these transactions yourself. Our law firm has assisted many people achieve peace of mind by preparing general powers of attorney.
Whom should I name as my general power of attorney?
If you are married, you most likely will name your spouse as your general power of attorney. If you are not married, you should name someone you trust implicitly as they will be in a position to handle financial transactions for you, if you are unable to handle them yourself. Many people name a parent or a sibling. Contact our office to discuss preparing a general power of attorney further.
When does a general power of attorney go into effect?
The general power of attorney is effective as soon as it is signed. This does NOT mean you give up the right to handle your own financial and other transactions. It simply means that if you are unable to handle the transaction or transactions, there is another person available who has the authority to do so. Contact our office to discuss preparing a general power of attorney further.
Free Case Evaluation
We're eager to meet with you, see how we can help and give you and your family the personal attention you deserve.
Your case matters to us, just as much as it matters to you. We want to help you every step of the way, but in order to do so, we need to meet with you, get all the facts, and work out the details in order to build your case. We will meet with you for absolutely free, and explain to you in full detail the inner workings of how these situations usually end up, how likely you are to win your case, and how compensation works for you and for us.
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