Why You Need a Durable Power of Attorney (DPOA) for Asset Management
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 in the event that you become disabled or incapacitated. Without a signed DPOA, difficult 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 for your loved one to go into court to be appointed as your 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.
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.
Mark Klein has carefully created hundreds of living trust-based estate plans to carry out the recommendations he custom tailors to the specific needs of his clients. He also assists in the following related estate planning matters: Durable Powers of Attorney, Advance Healthcare Directives, Guardianships and Living Wills.