Our Longview Estate Planning Lawyers Can Help You Create Powers Of Attorney
At Boon Calk Echols Coleman & Goolsby PLLC, we recognize the importance of preparing for the future through comprehensive estate planning. One of the most critical components of any estate plan is establishing powers of attorney. These legal instruments enable you to appoint a trusted person to manage your affairs in the event that you become unable to do so yourself.
For a free consultation, please call our estate planning attorneys in Longview at 903-704-0592 or complete our contact form. Our law firm is a trusted resource for clients throughout East Texas.
What Is A Power of Attorney?
A power of attorney is a legal document that grants one person or organization (known as the agent or attorney-in-fact) the authority to act on behalf of another person (the principal) in financial, legal and other matters. The scope of this authority can be broad or limited, and it can be set to commence immediately or upon the occurrence of a future event, often the incapacity of the principal. Generally, there are two types of power of attorney: durable power of attorney and medical power of attorney.
Powers of attorney are typically created in conjunction with a will, a trust or other estate planning documents.
Durable Power of Attorney
A durable power of attorney is crucial because it remains in effect even if the principal becomes incapacitated. This type of power of attorney is essential for long-term planning and ensures that the person you choose can continue to act on your behalf without interruption in managing your financial affairs and investments, ensuring continuity in decision-making.
Medical Directives Or Medical Powers of Attorney
A medical power of attorney, also known as a healthcare proxy or medical directive, allows you to appoint someone to make healthcare decisions on your behalf if you are unable to do so. This document is vital for maintaining your wishes regarding medical treatment and care. It is especially crucial in times of sudden medical emergencies when quick decisions are necessary.
Why Are Powers of Attorney Important In Estate Planning?
Powers of attorney play a pivotal role in estate planning by ensuring that your affairs are handled according to your wishes, even if you are not in a position to communicate them. Without these directives, court interventions may become necessary, which can be time-consuming and costly for your loved ones.
At Boon Calk Echols Coleman & Goolsby PLLC, we understand the nuances of Texas law regarding powers of attorney, and we are committed to guiding our clients through the process of creating these vital documents. We ensure that each power of attorney is tailored to meet the specific needs and circumstances of our clients, providing peace of mind that their affairs are in capable hands.
Let Our Estate Planning Attorneys Help You Secure Your Future
Planning for the future may seem daunting, but with the right guidance, it becomes a manageable and empowering process. At Boon Calk Echols Coleman & Goolsby PLLC, we are dedicated to providing our clients in East Texas with personalized and thorough estate planning services, including the preparation of powers of attorney.
See our East Texas Estate Planning FAQ to learn more.
Next Steps With Boon Calk Echols Coleman & Goolsby PLLC
When you’re ready to discuss your estate planning needs, including setting up durable powers of attorney and medical directives, our experienced team at Boon Calk Echols Coleman & Goolsby PLLC is here to help. We’ll work with you to understand your unique situation, advise you on the best strategies for protecting your assets and your wishes, and ensure that all legal documents are executed in accordance with Texas law.
Contact Our Estate Planning Attorneys Today
Don’t wait until it’s too late to make important decisions about your future. Call Boon Calk Echols Coleman & Goolsby PLLC today at 903-704-0592 to schedule a free consultation with one of our knowledgeable estate planning attorneys. You can also fill out our contact form to set up a free consultation. We look forward to helping you secure a stable and predictable future for yourself and your loved ones.
At Boon Calk Echols Coleman & Goolsby PLLC, your future is in trusted hands. Let us help you ensure that your wishes are respected and your affairs are in order, no matter what the future holds.