Assigning an Agent Under Your Durable Power of Attorney

We are continuing our series of articles discussing reasons to assign an agent under your Durable Power of Attorney (DPOA). As we mentioned in our previous article, it is important to have an experienced estate planning attorney draw up your DPOA.  Florida estate planning lawyers understand the various caveats and can advise you in a way that protects your wishes.

Our previous article discussed how a DPOA agent can help ensure your agent has access to manage any tangible assets, real estate, etc. you own should you become unable to act on your behalf or incapacitated.  Your DPOA agent can also handle your legal affairs.  Let’s look at two more reasons why estate planning attorneys recommend assigning an agent under your DPOA:

Peace of Mind

Assigning an agent you trust under a DPOA gives you peace of mind knowing that your assets, and financial affairs will be taken care of should you become incapacitated.  Failure to have a DPOA agent can result in a multitude of issues that can affect your estate and/or result in unintended consequences.

Avoid Guardianship

By executing a DPOA you are appointing the person you trust to handle your financial affairs while you are alive but unable to act for yourself.  If you fail to have a DPOA then your loved ones will need to petition the court to be appointed as your guardian which can be expensive and time-consuming.

If you need a qualified Florida estate planning attorney or probate attorney in The Villages area, Pittman Law Office has you covered.  Our knowledgeable and experienced estate planning lawyers and probate lawyers have helped hundreds of people navigate through the estate planning a probate processes. Give your friends at Pittman Law Office a call today.