Coral Springs Power of Attorney
A comprehensive estate plan can provide several benefits. Not only does it help you outline your final arrangements after you pass away, but an estate plan can also help you prepare for the event that you may become incapacitated. In particular, a valid power of attorney document ensures that your affairs are handled when you cannot manage them yourself.
Creating a power of attorney can be a complex process. In these situations, trust the estate planning lawyers at Rosenberg Law Firm to guide you through it. Our Coral Springs attorneys will work closely with you to help you plan for the future.
Why Choose the Attorneys at Rosenberg Law Firm?
- Our firm has over 20 years of legal experience. We help clients throughout Florida perform important estate planning tasks, including creating a power of attorney.
- We combine the personalized attention of a small firm with the results of a large firm. You can trust our firm to always act in your best interests and respond to your needs.
- We believe in openness and honesty. You will have a direct line of communication with your lawyer and will always be able to ask questions.
What Is a Power of Attorney?
A power of attorney is a legal document that authorizes someone to make decisions on your behalf. The specific duties of the authorized individual, also known as the agent or attorney-in-fact, will depend on the terms of the document.
A power of attorney can give someone the right to make decisions about your finances, medical care, and property. Designating someone as your agent can be beneficial if you become incapacitated and are unable to perform these tasks by yourself.
There are many types of power of attorney:
- Durable Power of Attorney: This document assigns an individual as an agent to assist with financial and medical decisions. A durable power of attorney remains in effect until it expires or until you revoke it.
- Special or Limited Power of Attorney: This power of attorney allows you to authorize an agent for a limited time or for specific purposes.
- Healthcare Power of Attorney: This power of attorney authorizes an agent to make decisions about your medical treatment specifically.
Florida Requirements for a Valid Power of Attorney
For a power of attorney to be legally binding in Florida, the agent must be at least 18 years old. Alternatively, the agent must be a financial institution that has a place of business in Florida, has trust powers, and is authorized to conduct trust business in the state. You should choose an agent who you trust to act in your best interests.
Florida does not have any guidelines regarding the content. However, if you plan on creating a durable power of attorney, the document must contain the following sentence: “This durable power of attorney is not terminated by subsequent incapacity of the principal except as provided in Chapter 709, Florida Statutes.”
When a power of attorney is executed, it must be signed by you and two witnesses. You must also have the document notarized. An attorney from Rosenberg Law Firm can help you comply with these requirements and create a legally binding power of attorney that protects your best interests.
Get Help Creating a Power of Attorney by Contacting The Rosenberg Law Firm
If you need help creating a Power of Attorney, you can trust Rosenberg Law Firm to help. We help residents of Coral Springs navigate all aspects of the estate planning process and achieve an optimal state of mind.
Contact us today at (954) 755-7803 to schedule your free consultation.