Power Of Attorney/Healthcare Proxy

What Is The Purpose Of A Power Of Attorney?

When you are planning for your future, there are few things that are more important than making sure that your assets will be protected if something happens to you. However, it is arguably more important that your estate is properly prepared to account for any health needs or treatment preferences that you may have.

No matter the case, it is crucial to create an estate plan that will designate agency over your financial and healthcare needs to individuals you can trust if you are no longer able to make your own decisions. Especially for wealthy individuals, a substantial portion of planning for your future involves taking steps to ensure that you and your family can protect your finances and safeguard your assets.

By working with a qualified attorney, you can set up a power of attorney and a healthcare proxy to protect your future and your family if you become incapacitated.

Attorney Joanne McAvey Will Guide You In Designating A Power Of Attorney In Deer Park, NY

As you grow older, your health will begin to change, and you may find yourself unable to operate at the same capacity you once had. When this day comes, it is important to be prepared so that your chosen loved ones are able to seamlessly step in and make decisions in the best interests of your health and finances. An experienced estate planning lawyer will be able to assist you in drafting the proper documents and ensuring the legal validity of your estate plan.

Attorney Joanne McAvey brings over 30 years of elder law experience to the table, guiding clients through the process of setting up a power of attorney and a healthcare proxy to safeguard their assets and protect their futures. When you team up with Attorney McAvey, you are placing your future in the hands of a competent, accomplished lawyer with a wealth of accolades and awards recognizing her achievements.

What Are Some Of The Most Common Pitfalls When Setting Up A Power Of Attorney?

As with any area of estate planning, the most common challenge faced by wealthy individuals when creating a power of attorney is conflict of interest. Selecting an agent to oversee your finances and protect your assets may be difficult if someone has personal interests or stakes in your assets – especially someone that you can trust to make decisions in your best interests. Furthermore, it is important to be sure that you choose someone who is capable of managing any complex finances or assets that will need to be handled on your behalf.

A lack of specificity is another common misstep that can create confusion surrounding the level of authority provided to each of your agents. The more complex your estate plan is, the more thorough you will need to be in establishing exactly what authority over your decisions is being given to whom. This will help protect your assets by avoiding abuse and mismanagement at the hands of an agent who has inadvertently been given too little or too much power.

What Is The Next Best Step To Take?

When you are planning for the future, it is important to take measures to ensure that you will be taken care of in the event that you become incapacitated and unable to make decisions on your own. Working with an estate planning lawyer to establish a clearly worded, legally sound power of attorney and healthcare proxy will ensure that the people you trust to take care of your assets and manage your healthcare decisions will be able to step in on your behalf without any complications.

When you partner with the devoted team at the Law Offices of Joanne Schlenk McAvey, PLLC, you can be sure that your power of attorney and healthcare proxy will be properly set up to account for your wishes and complex financial needs. Our team is standing by to take your call and guide you toward the future with confidence and peace of mind.

Contact Us Today To Get Started!

Are you looking for an estate planning lawyer in Deer Park, NY who will help you to protect your assets and prepare for the future? Attorney Joanne McAvey and her experienced legal team are fully prepared to provide you with practical legal solutions. Call us today at (631) 800-0472 to schedule your initial consultation.