Set Up Financial Power Of Attorney To Protect Assets
If you become ill or incapacitated, you might not be able to make decisions about your life on your own. Establishing a power of attorney will give someone the authority to make medical decisions for you, but what about your assets and bank accounts?
Reach out to Duncan Legal, PC, to discuss the benefits of setting up a financial power of attorney in Colorado. If something happens to you and you require long-term medical care, your agent will be able to secure money to cover your expenses.
Why Do You Need A Financial Power Of Attorney?
By naming someone you trust as your financial power of attorney, you’ll know exactly who is managing your financial affairs if you become incapacitated. The agent you name will legally be able to assist with:
- Paying your bills
- Paying your taxes
- Paying medical expenses
- Managing your real estate assets
- Accessing your financial accounts
- Investing on your behalf
- Collecting any retirement benefits
- Transferring or selling your assets
- Buying insurance for you
- Operating your small business
- Hiring someone to represent you
Get Peace Of Mind Today
With your permission, your agent can handle these delicate financial matters. As an experienced estate planning attorney, I can help you draw up a financial power of attorney document that covers all of your needs. Call Duncan Legal, PC, in Centennial at 303-222-7021 today to learn more. You can also email the firm.