When it comes to the future of your legacy and your family in Arizona, it’s crucial to make sure that what you love stays protected long after you are gone. In the event that you become incapacitated due to an accident or other unanticipated consequence, you will want to be sure that important decisions being handled on your behalf are in accordance with your values and wishes.
In Flagstaff, Arizona a power of attorney lawyer can help you with understanding the complexities associated with the financial and medical decision-making processes. Depending on whether you are looking for a healthcare power of attorney, a financial power of attorney, or a special power of attorney, a dedicated lawyer from Glazer, Hammond, Ruben & Smets, PLLC can help you secure the legal documents you need to protect and carry out your interests.
Not only do our attorneys have extensive experience drafting and carrying out attorney documents, but we can also help you with any outstanding estate administration or trust matters. Whether your AZ estate planning needs include distributing the estate of a deceased loved one based on an existing will or trust, or managing legal disputes, our legal team is here to assist you.
It’s important to understand that a power of attorney is a legal document that allows a chosen individual to act and make decisions for you based on your interests, in the event that you become incapacitated and unable to make the decisions yourself. The individual who is assigned the responsibility for making decisions for you is called the “agent” and, in this case, you or the individual who is too incapacitated to make decisions is called the “principal.”
In Arizona, the power of attorney document is capable of covering many different issues, including:
In the case of medical power of attorney, an example would be the agent making critical medical decisions, such as surgical procedures, on behalf of the principal. An example of financial power of attorney would include allowing the agent to handle bank accounts, pay bills, invest money, and handle other financial matters for the principal.
Some of the types of power of attorney recognized in Arizona are:
There are many different kinds of power of attorney in Arizona, with nuanced differences and varying advantages and disadvantages. To understand the plan for the future of your family and estate, it is critical to consider using power of attorney tools.
In Arizona, there is a flexible option for parents who need to temporarily hand over parental decision-making powers to another responsible adult whom they trust. The power of attorney delegating parental powers legal document allows parents to transfer this power in situations of urgent need, when they cannot take care of their children themselves, such as military deployment or a critical medical emergency.
The power of attorney delegating parental powers legal document is not granting custody or guardianship of the child. It is only a temporary solution that gives the agent power for a limited amount of time to make critical decisions for their children.
In Arizona, a durable healthcare power of attorney is otherwise known as a medical power of attorney, as mentioned earlier. This is a legal document that grants an agent with permission to make medical-related decisions on your behalf. In the case of a medical power of attorney, the agent is legally referred to as the “healthcare agent.”
When drafting and executing your durable health care power of attorney, you should be sure to keep the following considerations in mind:
In order to be sure that your durable health care power of attorney document in Arizona is complete and that you understand the long-term legal consequences associated with it, it is highly recommended to consult with a lawyer who is skilled in estate planning.
Getting power of attorney means that you are obtaining, drafting, and executing the power of attorney legal document in Arizona. To go through this process, you should work through the following steps:
When considering whether to get a power of attorney, it’s critical to have a full understanding of the legal implications of the document and how to effectively complete the process in order to decide on the path that is right for you in your estate planning journey.
Whether you have decades of career experience and want to learn how to protect your wealth so that it is passed on to your loved ones or are starting to work and would like to learn more about estate planning in general, contact our firm. The legal professionals at Glazer, Hammond, Ruben & Smets, PLLC are here to answer your questions and concerns. Reach out to one of our experienced lawyers today to learn about how you can protect your future, and have peace of mind with a will, trust, or power of attorney document.