Powers of Attorney

A financial power of attorney can be an important part of your Estate Plan. We all want to manage our own financial affairs; by the same token, we all worry about the day that we might be unable to do so because of age, illness or disability.

Financial power of attorney is a powerful legal document. It gives an agent of your choice the legal right to manage your financial and business matters while you are incapacitated or unavailable – without having to go to court. It can be revoked at any time and ends with your death.

An agent is a “fiduciary” who must act with the highest degree of good faith on your behalf. Your agent can do whatever you can do – withdraw funds from bank accounts, trade stock, pay bills, cash checks – unless you have made specific exceptions.

If you are a fiduciary, we can help you comply with the laws of fiduciary responsibility. Our litigators can defend you if your actions are challenged or contested.

We work closely with you and your family, public and private benefits providers, employers, business partners, professional services providers, fiduciaries and charitable organization to make sure that your financial power of attorney – as an important component of your Estate Plan – meets your unique personal and financial objectives.

Attorneys

Robert L. Sagrillo |Henry. M. kohnlein

info@sagrillokohnlein.com