Plan Ahead With Powers Of Attorney In Saint Peters

A power of attorney (POA) is a crucial tool in estate planning that allows you to designate someone to make decisions on your behalf. At Schormann Law Firm, LLC, we help clients in Saint Peters and surrounding areas create comprehensive POAs tailored to their unique needs.

Exploring POA Options: Which One Fits Your Needs?

We assist clients with various types of POAs, including:

• General POA: Grants broad authority to manage financial and legal matters
• Limited POA: Provides specific, restricted powers for particular tasks or time frames
• Durable POA: Remains in effect if you become incapacitated, ensuring continuous management of your affairs
• Medical POA: Allows your agent to make health care decisions on your behalf if you’re unable to do so

Each type serves different purposes, and our attorney can guide you in choosing the right one for your situation.

Benefits Of Having A Power Of Attorney

A well-crafted POA can:

• Ensure your affairs are managed if you suffer from a debilitating condition
• Provide peace of mind for you and your loved ones
• Avoid costly and time-consuming guardianship proceedings

Our lawyer works diligently to create POAs that protect your interests and reflect your wishes.

POA FAQs: Your Top Concerns Addressed

Many clients have questions about POAs. Here are some of the most frequently asked questions we encounter:

Does a POA continue after death?

No, a power of attorney ends upon the death of the principal (the person who created it). After death, the executor of the will or administrator of the estate takes over.

When should I consider creating a power of attorney?

It’s wise to create a POA as part of your estate plan, regardless of age or health status. Having one in place ensures you’re prepared for unexpected situations.

Can I revoke or change my power of attorney?

Yes, as long as you’re mentally competent, you can revoke or modify your POA at any time.

Understanding these aspects of POAs is crucial for making informed decisions about your estate planning. Our attorney can provide more detailed answers suited to your specific situation.

Get Professional Assistance With Your Power Of Attorney

Creating a power of attorney is an important decision that requires careful consideration. We’re here to help you navigate this process and create a POA that serves your needs. Contact Schormann Law Firm, LLC, today by calling 636.875.7653 or by filling out an online form to schedule a consultation.