Importance of a Power of Attorney
Powers of attorney are important legal documents for any estate plan. At some point in everyone’s life, whether you have been injured in a tragic car accident, under anesthesia from a surgery, suffer from dementia or just plain old age, a power of attorney document is essential.
A power of attorney gives a person the power to make important decisions regarding your assets, debts, and business affairs. The person who you give the power of attorney to is known as your attorney-in-fact.
In Pennsylvania, there are specific laws that pertain to powers of attorney. A power of attorney that does not conform to the requirements of the PA power of attorney law will not be effective at the important time it is needed.
Contact the Bucks County estate lawyers at Saile & Saile LLP to set up your Bucks County estate plan, including a power of attorney.