Powers of Attorney and Living Wills Lawyer Newton
Helping your loved ones manage your affairs in case of illness or injury
If you are struck by a debilitating illness or injury, you may no longer be able to make decisions for yourself. This is a risk regardless of your age or health. The fact of the matter is that your financial and other affairs will continue to require attention as you recuperate. If you have not planned ahead, your loved ones may struggle to provide this attention on your behalf. A power of attorney and a living will are easy steps you can take to prepare for this type of situation, give yourself peace of mind and remove some pressure from your loved ones. Our attorneys at Hollander, Strelzik, Pasculli, Hinkes, Wojcik, Gacquin, Vandenberg & Hontz, L.L.C. have helped people throughout Warren and Sussex Counties address incapacity planning issues for nearly 50 years.
What is a power of attorney?
A power of attorney is a legal document that designates another person to make decisions on your behalf. In the context of an estate plan, a power of attorney is usually durable, meaning it remains in effect if you become legally incapacitated. While every power of attorney is different and should be tailored to meet your needs, in case of your incapacity, most such documents give your agent the power to:
- Access bank accounts
- Pay bills
- File tax returns
- Sell property
- Give gifts
- Manage investments
Powers of attorney help avoid the waste and financial damage that can come from an estate being mismanaged or neglected during a period of incapacity. Since these documents remain in effect even after you become incapacitated, they spare your family from having to go through the difficulty of establishing a formal legal guardianship. However, a power of attorney can only be executed prior to incapacity, so it is important to have one established regardless of your age or health condition.
What is a living will?
A living will allows you to clearly articulate your wishes regarding end-of-life care and other medical issues. It grants authority to one of your family members, friends or loved ones to make healthcare decisions on your behalf should you become unable to do so. This is a personal process that requires a great deal of reflection and discussion with your family. However, our attorneys can help you understand the legal side of these documents and clearly memorialize your wishes in a legally sufficient form.
Work with a Newton firm that can help you plan for the unexpected
Planning for incapacity is important regardless of your age or health. At Hollander, Strelzik, Pasculli, Hinkes, Wojcik, Gacquin, Vandenberg & Hontz, L.L.C., our attorneys can help you understand your options and prepare the necessary documents to give you and your family peace of mind. Call our Newton office today at 973-383-3233 or contact us online to schedule a consultation today.
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