Power of Attorney

Experienced Buffalo estate planning lawyer explains what’s important to know about a Power of Attorney

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As an experienced Buffalo estate planning lawyer, I often receive questions from clients regarding, wills, trusts and estates. One common question I receive is regarding a Power of Attorney. Watch the video below to learn more about what’s important to know about this important legal instrument.

  • A Power of Attorney allows you to appoint someone to make decisions regarding property, finances, and other legal transactions. They have the authority to make decisions, and sign paperwork on your behalf regarding your real estate, bank accounts, and bills, and other necessary legal documents.
  • Many people utilize this legal instrument if they are leaving the country for a brief period of time and want to ensure they are protected in case of a catastrophe.
  • There are several different types of Powers of Attorney.
  • A Durable Power of Attorney allows you to have someone help you take care of finances, in the event that you are physically or mentally incapacitated.
  • It is important to have a Power of Attorney if you are older in age to ensure someone you trust has the authority to make important decisions on your behalf.
  • An individual is not automatically qualified to act on your behalf if you do not have a Power of Attorney.

Powers of Attorney can have a significant impact on you and your family by protecting your wishes, and preserving your assets in the event of an illness or medical condition. Experienced Buffalo estate planning lawyer Randy H. Gugino has assisted residents throughout Western New York set up their powers of attorney for over 30 years. He offers no-obligation consultations and will help you ensure your legacy is protected. Contact him today and let his experience work for you.

This video was provided by Randy Gugino, a dedicated Buffalo Estate Planning Lawyer.

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