Power Of Attorney

Lubbock Power of Attorney Lawyers

Life in Lubbock, Texas is pretty close to perfect. Whether visiting the Buddy Holly Museum, the Silent Wings Museum, or Mackenzie Park, there’s always something new and exciting to enjoy.

As great as Lubbock life is, you must always prepare for an unexpected change or a turn of bad luck. One way to do that is with a power of attorney.

A power of attorney (POA) is like a special permission slip in legal writing. It lets one person (the agent) make decisions or do things for another person (the principal).

People usually use a POA when the principal is sick or hurt and can’t do things independently. Depending on what the POA says, the agent can help with money or even decide about medical stuff.

An attorney skilled in power of attorney matters can help people with complex legal and financial issues feel confident that their assets are safe.

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Who Needs a Power of Attorney?

Here are some common situations that require a POA:

  • Incapacity planning: A durable power of attorney for finances and a medical power of attorney allow you to appoint someone to manage your financial affairs and make healthcare decisions for you if you become incapacitated.
  • Convenience: You may use a limited or specific power of attorney sanctioning someone to handle a particular transaction on your behalf, such as signing a contract, managing real estate, or accessing your bank accounts, when you cannot do it yourself.
  • Estate planning: As part of your estate plan, you can create a POA to ensure someone you trust can manage your financial and healthcare matters according to your wishes if you become unable to do so.
  • Aging or health issues: If you anticipate age-related or health-related challenges in the future, you can establish a POA to ensure someone can assist you with important decisions and tasks when needed.
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