Power Of Attorney
Our Estate Planning Lawyers Work To Establish Your Needs
At Pluymert, MacDonald, Hargrove & Lee, Ltd. we provide our clients with a comprehensive selection of estate planning services. Our Des Plaines estate planning attorneys will work with you to determine your needs and make sure you understand your options. Estate planning is about your own peace of mind and the security of your family. Having a power of attorney in place can be one way to assure that your interests, as well as those of your loved ones, are well protected.
Why Do I Need a Power of Attorney?
If you are incapacitated by either illness or injury, a power of attorney allows you to transfer control over certain aspects of your finances and/or property to another person of your choosing. This document has the ability to grant someone extremely broad authority to make decisions for you. However, we can also word it in such a way that places limits on that person’s authority to pay bills, transfer funds or sign real estate documents.
Durable Power of Attorney
A durable power of attorney allows you to name the person who you want to act as your proxy in the event that you are incapacitated by illness or injury. This gives the person you choose the ability to manage your finances and property. It lets your proxy provide for medical expenses and other costs, as well as paying bills on time if you are unable to do so yourself.
Our Hoffman Estates lawyers hope that you are never in a position to have to use your durable power of attorney. However, it is important to have these types of legal safeguards in place to protect you, your family and your interests in case something tragic should happen. Having a durable power of attorney can avoid the substantial expense, delay and hassle of waiting for the court to appoint someone to handle an incapacitated person’s finances.
Our Firm Works with Families to Plan for the Future
Our Hoffman Estates attorneys are waiting to meet with you to discuss your estate planning needs. Let us explain our Client Bill of Rights, and how we uphold it in all the legal services we offer. Contact us today to learn more.