Managing Your Finances When You Can't Do It Yourself
In your daily life, you are responsible for keeping all your finances in order. You must make sure your budget allows you to pay bills, invest and spend money on things you need. Many people take this simple responsibility for granted, assuming they will always be capable of handling their financial affairs.
The reality is, at some point in many people's lives, they have health problems that prevent them from being able to take care of their finances. Financial powers of attorney allow you to give someone else the ability to make financial decisions on your behalf.
The Law Office of David Lacher has over 30 years of experience drafting financial powers of attorney and other estate planning documents for clients throughout Manhattan and the New York metropolitan. Contact the firm online or call 866-650-9711 to schedule your appointment.
Responsibilities of Financial Powers of Attorney
Financial powers of attorney are one of the most important estate planning documents you can have, and they should be given to the most trusted person in your life. Financial powers of attorney enable a person to:
- Manage the finances of the incapacitated person
- Pay the bills
- Write checks on behalf of the incapacitated person
- Give away assets for financial reasons, including money, property and business items
Because the person given financial powers of attorney receives so much power, it is important to make this decision when you are healthy and fully competent.
Contact the Law Office of David Lacher
An experienced lawyer can help you determine who to appoint as your agent. Contact the firm online to schedule an appointment.
