Granting Authority To A Trusted Person
Planning For Incapacitation
Although it is not an easy thing to think about for many people, it is important to consider the possibility of losing capacity later in life, and to prepare accordingly. Due to improvements in modern medicine that have prolonged the life expectancy for people of all walks of life, more people than ever before are facing the possibility of incapacity through the effects of aging. Whether through aging or sudden accidents, it is important to prepare for the possibility of incapacity as early as possible.
A power of attorney grants authority to a third party to make binding financial decisions on your behalf.
At Weinstein & Randisi, we are your family’s law firm. We can help you establish a power of attorney to meet your needs. With more than 50 years of experience handling the legal needs of clients in Upstate New York, Western New York and the Finger Lakes Region, we can help you understand your estate planning options and establish a power of attorney that will suit your needs.
Rochester Powers of Attorney
We help clients in all stages of life establish powers of attorney to make sure their financial decisions are handled in the event of incapacity. This instrument will give someone else authority over your financial affairs, so it is important to make decisions regarding your power of attorney carefully.
Our lawyers will help you answer some of the key questions you might have, including:
- To whom should I give control over my financial affairs? Because the agent in a power of attorney (called an attorney in fact) will have authority to make financial decisions that will be binding on you, it is of critical importance to choose this person carefully.
- Do I want this control to be effective today, or only when I’m disabled? It is important to consider whether you want the power to be effective immediately upon signing the document or effective only in the event of incapacity.
- Have I established a power of attorney before 2010? In 2010, New York state altered the statutory form for powers of attorney, so if you have a power of attorney that was established before that time, you will need to update this.
At Weinstein & Randisi, our experienced lawyers can answer your questions and help you through the process of establishing a power of attorney.
Contact Weinstein & Randisi
For the convenience of our clients, we offer free initial consultations, flexible scheduling options and flexible payment plans. Talk with a lawyer from our firm to learn more about your power of attorney and other estate planning options. Call 585-310-1578 (800-768-1780 toll free) or contact us online to schedule your free initial consultation.