Durable Power of AttorneyLearn about a durable power of attorney and how it works in this video. Then, contact our Stillwater attorneys for a free legal consultation.
What is a durable power of attorney and how does it work?
Answer:In the last seven or eight years, I lost both my parents. I lost my mom last September. I know from my own experience that the things family members are asked in the event that a loved one is incapacitated or dies are: Does this person have a designated durable power of attorney? Does this person have a healthcare of directive? If you happen to be the person being rushed to the hospital, these are questions your medical team will ask you. The reason they ask for these things is they need to know who will make decisions on behalf of your loved one should they become incapacitated, unconscious, or need life support. And who will do so for you if you are the patient. The durable power of attorney enables you to take care of the affairs of your loved one if something happens to them. I like to say the durable power of attorney springs into existence when your loved one becomes incapacitated and so you can handle issues such as:
- Mortgage payments
- Signing leases
- Signing of important medical and financial documents
Are you or a loved one looking to plan your estate and have questions about a durable power of attorney? Contact a Stillwater estate planning attorney at Murray Law Firm today for a free confidential consultation and case evaluation. Let our experience work for you. Subscribe to Our YouTube Channel