The durable power of attorney for asset management is a document which allows you to designate certain individuals to administer and manage your personal assets (assets purposely left out of the trust) in the event that you become disabled of incapacitated. A scenario could arise if you were to lose the ability to make or communicate decisions following a car accident or serious illness that left you unconscious. Faced with this predicament, the only option is to go into court to be appointed as your loved one’s conservator, which proceedings can run into the thousands of dollars.
Some the common scenarios where a DPOA are used include:
- Real property transactions.
- Tangible personal property transactions.
- Stock and bond transactions.
- Banking and other financial institution transactions.
- Business operating transactions.
- Insurance and annuity transactions.
- Estate, trust, and other beneficiary transactions and planning.
- Claims and litigation.
- Personal and family maintenance.
- Benefits from social security, Medicare, Medicaid, or other governmental programs, or civil or military service.
- Retirement plan transactions.
- Tax matters.
To assist with this important task, SECURITY LEGAL SERVICES will prepare a DURABLE POWER OF ATTORNEY for you at a reduced flat fee of $150. For your convenience, you can order a DPOA directly from our site. An attorney will contact you shortly for details.
Thank you for allowing SECURITY LEGAL SERVICES take care of this important family matter for you.
