Learn Important Probate Essentials, including key things that go wrong in an estate, how to prevent them, and what to do if they happen.
If you answered “no”, then contact our office now. Yes, now.
So, why do I, a probate attorney, care if you have a durable power of attorney? After all, a power of attorney has nothing to do with probate because it terminates upon death, right?
Well, I’ll tell you. A durable power of attorney will protect you and your family from a potentially huge financial roller-coaster in the event that something happens to you and you are unable to manage your financial affairs. What would happen if you were bedridden and unable to pay your mortgage, credit cards, and utility bills? Is there anyone else in your family that would pay them for you?
What if something happens that renders you unable to make financial decisions for yourself? If you do not have a durable power of attorney, then your family is going to be forced to go to probate court to have a conservator appointed to manage your affairs. Not only is this a costly proceeding, but your conservator (which is likely a close family member) will have to report to the court each year and will have continuous court oversight as they manage your funds. If that doesn’t sound like something you want to put your family through, then make sure you have a good durable power of attorney.
If you do not know where to go to get one, contact our office and we will get you to the right person.
Disclaimer: The information above is provided for general information only and should not be considered legal advice. Our probate lawyers provide legal advice to our clients after talking about the specific circumstances of the client’s situation. Our law firm cannot give you legal advice unless we understand your situation by talking with you. Please contact our law office to receive specific information about your situation.
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