You may have heard of many different kinds of estate planning tools that can all be used to help you accomplish your goals. One of these is known as a durable power of attorney. A durable power of attorney can be extremely helpful in situations in which you are not able to do things on your behalf.
What is a Durable Power of Attorney?
For example, if you need to appoint another person to sell your home, sign an admission agreement to have you put in a specific health care facility or pay your bills, the only option for them will be to go to court and get conservatorship over you. This involves a great deal of time, effort and money but a valid durable power of attorney document in Massachusetts can avoid all of that and can help give you peace of mind that if something should happen to you, you have appointed a trusted party to act on your behalf. Your power of attorney agent should be familiar with what is being asked of them and should also be comfortable in serving in this role.
Reviewing and Updating a Durable Power of Attorney
This is because they may be asked to handle a variety of different kinds of tasks and should be aware of your specific strategies and wishes related to these. The support of an experienced and dedicated estate planning attorney in Massachusetts is strongly recommended if you find yourself in need of creating a power of attorney document. A durable power of attorney should be created and reviewed on a regular basis to ensure it is in line with your needs.