If you become incapacitated and cannot handle your own financial decisions and transactions, today’s banks and financial institutions will require legal paperwork for someone to be assigned as your Personal Agent to help with financial matters… this is called a Power of Attorney. Without this document and lose of capacity on your part will make the financial institutions insist on getting a court appointed Conservator before they will allow any actions on your behalf. You want to have a conservatorship set up as a last result!
It is much easier and definitely cheaper to have a proper Power of Attorney signed BEFORE you lose capacity. If you are failing in health it is important to make sure you see an elder law attorney that will create a power of attorney that allows many powers that the standard Power of Attorney you may find through an online legal service will not allow.
Also all children at the age of 18 without a proper Durable Power of Attorney, should suffer a tragic illness or injury, leaving them incapable of managing finances, their family will be forced to establish a Conservatorship though the court in order to handle any finance issues. After the age 18, children are now adults and the courts will treat them as such!
California law requires a form called Advanced Health Directive to allow a trusted person to make decisions regarding your medical matters. This is also a critical document to ensure there will not be a need for a Conservatorship of the person in making medical decisions.
We are proud to be a part of the complete solution to your family’s crisis, not just the lawyers that create the legal documents. We understand the issues surrounding the care of an ill loved ones and what it takes legally to meet your needs and goals, while giving your family the peace of mind that your loved ones are getting the best care possible in a complex and confusing situation.
We can help you with these documents. For a free consultation call (818)241-4238.