Powers of Attorney
While a last will and testament dictates how your assets and affairs will be handled after your death, it is also important to be prepared in case you are ill, incapacitated, or unavailable while alive.
A power of attorney is a legal document that spells out what should be done with your financial, legal, and other important rights in case you cannot make decisions on your own due to medical reasons. A power of attorney lets your family, lawyers, and accountants what should be done, or importantly not done, in the event you are unable to make decisions on your own.
At Mahon, Quinn & Mahon, our experienced attorney can assist you in creating a power of attorney tailored to your specific needs and circumstances. We can also provide guidance on when and how to use a power of attorney, as well as help you navigate any legal issues that may arise.
There Are Several Categories of Powers of Attorney, Including:
- General Power of Attorney: This is the most broad form of a power of attorney, giving your agent authority to act on your behalf in all matters, including finances, signing of contracts, and making legal decisions.
- Limited Power of Attorney: A limited power of attorney gives your agent specific authority to act on your behalf in a particular matter or for a specific timeframe that you determine.
- Durable Power of Attorney: A durable power of attorney is one that remains in effect even if you become incapacitated or unable to make decisions for yourself.
- Springing Power of Attorney: A springing power of attorney only takes effect when a specific event or condition occurs, such as your incapacity.
A power of attorney is a powerful and important tool, but one that should be drafted thoughtfully and carefully. The attorneys at Mahon, Quinn & Mahon have been handling estate planning matters in Connecticut for over 50 years. Brian Mahon served as the judge of probate for 17 years, and our team of attorneys has worked in Meriden, Wallingford, Cheshire, Middletown, and surrounding areas helping people with their estate planning needs.
Make sure you understand your options. Reach out to us today to schedule a free and confidential consultation on powers of attorney.