Irvine Financial Power of Attorney Lawyers

Get the Legal Guidance You Need to Manage Your Assets

If you become incapacitated, you would want someone you trust to handle your financial matters. Unfortunately, if you become incapacitated, you may not be able to make decisions about your finances. If you are unable to make decisions about your finances, your loved ones may not be able to access your accounts to pay your bills and manage your assets.

If you want someone you trust to manage your finances if you become incapacitated, you should consider creating a power of attorney. A financial power of attorney is a legal document that allows you to choose someone to manage your finances. If you become incapacitated, your designated agent will be able to access your accounts and pay your bills.

Call (949) 787-1889 or contact us online to learn more about how a financial power of attorney can help you.

What Is a Financial Power of Attorney?

A financial power of attorney is a legal document that allows you to appoint someone to manage your finances if you become incapacitated. If you become incapacitated, your agent will be able to access your accounts and pay your bills.

Who Can Be Your Financial Power of Attorney Agent?

You can choose anyone to serve as your financial power of attorney agent. Some people choose their spouse, other people choose their children, and some people choose their close friends. You should choose someone you trust, who you know will act in your best interests.

It is important to choose someone you trust, because your agent will have access to your accounts and will be able to make financial decisions on your behalf. You should choose someone who is responsible and trustworthy.

What Are the Benefits of a Financial Power of Attorney?

If you become incapacitated, your financial power of attorney will be able to pay your bills and manage your assets. This will allow your loved ones to focus on your care, rather than worrying about your finances.

Additionally, a financial power of attorney can help you avoid probate and estate taxes. If you pass away and leave behind assets, your heirs will need to go through probate and pay estate taxes. If you create a financial power of attorney, you can appoint someone to manage your assets after you pass away. This means your loved ones will not need to go through probate and will not have to pay estate taxes.

What Is the Process for Creating a Financial Power of Attorney?

A financial power of attorney is a fairly simple legal document. You will need to choose someone you trust to serve as your agent, and you will need to create the document yourself. You can use a simple form to create a financial power of attorney. You will need to provide your name, address, and contact information. You will also need to provide information about your agent.

Once you create the document, you will need to sign and have it notarized. Your agent will need to do the same thing. Once you and your agent have signed and notarized your financial power of attorney, you will need to keep it in a safe place. You should keep it in a secure location where your agent can access it if you become incapacitated.

Why Choose Financial Relief Law Center, APC?

Financial Relief Law Center, APC understands the stress of becoming incapacitated. We can help you create a financial power of attorney that will allow you to choose someone to manage your finances if you become incapacitated. If you become incapacitated, your agent will be able to access your accounts and pay your bills. This will allow your loved ones to focus on your care.

If you need help creating a financial power of attorney, our attorneys can help. We can meet with you in person, by phone, or online. We offer flexible payment options and affordable fees. Contact us today to learn more about how we can help you.

To learn more about how a financial power of attorney can help you, contact Financial Relief Law Center, APC today. Our attorneys are here to answer your questions.