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Power of Attorney in Pittsburgh

Let Our Experienced Estate Planning Lawyer Protect Your Family & Future

Accidents can occur in life. Sometimes, one leaves a person unable to tell the doctors what type of treatment they wish to receive, or make it impossible to handle their finances to ensure their loved ones are taken care of. Although it is difficult to consider such circumstances, letting your family know exactly what to do in these situations can help them get through extremely tough times.

At Marks Elder Law, we offer a wide variety of estate planning tools which could help you establish important financial and health care decisions when you are no longer able to make them yourself. Our Pittsburg elder law lawyer can sit down with you, listen to your concerns, and develop an effective and personalized estate plan which addresses your needs.

What is Power of Attorney?

A power of attorney is a legal document which appoints one or more individuals to manage your financial, legal, or healthcare-related affairs if you become incapacitated or otherwise unable to do so on your own. In the document, you are referred to as the principal, while the party you give authority to act on your behalf is known as your “attorney-in-fact” or agent, who acts in your place for one or more purposes.

The following are the four main types of powers of attorneys:

  • General power of attorney – The agent is given a generalized authority to handle a variety of financial affairs such as the purchase and sale of property, banking transactions, insurance matters, filing taxes, contract issues, charitable donations, and even managing staff members if you run a business.
  • Limited or special power of attorney – This is used on a restricted basis, typically for one-time banking or financial transactions, or for the sale of a specific property, when the principal is incapacitated, has fallen ill, or had prior commitments.
  • Durable and non-durable power of attorney – When it comes to durable power of attorney, the agent is given the power to manage all the principal’s affairs should they become incapacitated and expires on when the principal dies. On the other hand, a non-durable power of attorney is only used for a specific period of time or for a specific transaction.
  • Healthcare or medical power of attorney – If you fall gravely ill, this type of power of attorney can determine what kind of medical treatment you will receive. The agent will ensure your wishes are carried out.

The agent can be a spouse, adult child, relative, or a trusted companion, as long as the person always acts on good faith on behalf of the principal.

Call (412) 500-9488 to Create a Plan Today

Our Pittsburgh estate planning lawyer can advise you on what form of power of attorney is best suited for you and your family’s needs. With more than four decades of experience, we understand what it takes to ensure your loved ones are protected if tragedy strikes.

Contact us and request a free consultation today for more information.

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