Carefully Handing Estate Planning Matters in Massachusetts
A power of attorney is a written document in which one person identifies someone else to make certain decisions on his or her behalf in the event of incapacitation. Powers of attorney can be useful tools to include in an overall estate plan.
From offices in Burlington and Methuen, our legal team at DiBella Law Offices, P.C. helps people create comprehensive estate plans, which often include powers of attorney. We take pride in helping our Massachusetts clients plan for any eventualities, including the possibility of incapacitation.
Durable Powers of Lawyer
Durable powers of attorney continue to remain in effect even if the person granting the power becomes incompetent. This can prove to be very valuable if you or your spouse were to become incompetent. Having a durable power of attorney in place may allow you to avoid the having a guardian or conservator appointed for the management of your assets. Even when property is owned jointly, signatures from both parties are often necessary, such as in the sale of one’s home or other real estate transactions.
A power of attorney allows one to:
- Sign on behalf of his or her spouse
- Be the payee of certain items, such as Social Security payments
- Sign income tax returns on behalf of your spouse
- Buying and selling real estate and other assets
- Performing specific financial transactions
Questions about Durable Powers of Attorney? Call Today!
Planning ahead for your death or incapacitation is never something you look forward to but it is important to avoid problems in the future. If you would like to learn more about powers of attorney or other estate planning services we offer at DiBella Law Offices, P.C., do not hesitate to reach out to us today.
Please contact us online or at (781) 262-3338 to request a free initial case consultation.