Protect Your Financial Affairs
A Durable Power of Attorney allows you to appoint a trusted individual to manage your financial and legal affairs if you become unable to do so yourself.
Without a properly executed Power of Attorney, your loved ones may need to seek a court-appointed guardianship before they can manage your finances or make important legal decisions on your behalf.
A Durable Power of Attorney may authorize your chosen agent to:
- Pay bills and manage bank accounts.
- Handle real estate transactions.
- Manage investments and retirement accounts.
- File tax returns.
- Conduct business transactions.
- Address other financial and legal matters on your behalf.
Selecting the right agent is one of the most important decisions in your estate plan. We will help you understand the scope of authority granted and prepare a document that reflects your wishes while complying with New York law.