Durable Power of Attorney
A Durable Power of Attorney is a written document that allows someone else (your agent) to manage your finances. It is one of the most important legal documents you can have if you become incapacitated or so sick that you are unable to manage your financial affairs yourself.
Because there are many issues to consider when appointing an agent in a Durable Power of Attorney document, it is important to discuss your options with an attorney. Also, if you are concerned about being eligible for Medicaid or Veterans Benefits in the future, meeting with an elder law attorney about your Durable Power of Attorney is even more critical. Having no Durable Power of Attorney document or having a poorly drafted one is likely the costliest mistake we see people make in our practice.
The attorneys at Prather & Swank, P.A. can explain to you in detail how a Durable Power of Attorney works and why it is a critical part of your estate plan. Contact Prather & Swank, P.A. at 239-288-4315 or fill out our online form