Lakeland Power Of Attorney Services
A power of attorney can be an important part of protecting your financial, legal and personal affairs before a crisis happens. Since a power of attorney can give another person meaningful authority over your property or finances, working with an estate planning attorney is crucial.
Stephen H. Artman, P.A., helps individuals and families in Lakeland, Florida and the surrounding areas establish a power of attorney as part of a broader estate plan. With over three decades of experience, our lead attorney, Stephen H. Artman, takes time to understand your goals and help you avoid costly mistakes that can come from using a one-size-fits-all form.
Understanding Powers Of Attorney And The Authority They Grant
A power of attorney is a legal document that lets you name a trusted person, often called an agent, to act on your behalf. It may allow your agent to handle matters such as:
- Paying bills and managing bank accounts
- Signing certain documents
- Handling real estate transactions
- Managing business or investment matters
- Communicating with financial institutions
- Addressing tax or insurance issues
The right authority depends on your situation. Some people only need limited help with one transaction, while others want broader protection in case they become unable to manage their affairs.
Types Of Power Of Attorney Documents
Common types include:
- Limited power of attorney: This gives your agent authority to handle a specific task or transaction.
- General power of attorney: This gives broader authority over financial or legal matters.
- Durable power of attorney: This remains effective if you become incapacitated.
An estate planning lawyer can explain what each option means and help prepare a document that reflects your wishes under Florida law.
How Power of Attorney Fits Into Your Florida Estate Plan
A power of attorney works alongside other estate planning tools, such as wills, trusts, healthcare directives and beneficiary designations. While a will usually takes effect after death, a power of attorney helps during your lifetime.
This document can make it easier for your trusted agent to step in when needed without unnecessary confusion. It may also reduce stress for loved ones who would otherwise be unsure about who has the authority to act.
In many situations, you can revoke a power of attorney if you are legally competent to do so. However, you may need to put the revocation in writing and notify banks, financial institutions or anyone else who relied on the earlier document.
Call Our Lakeland Estate Planning Office Today
At Stephen H. Artman, P.A., we provide personalized guidance for clients in Lakeland, Polk County and throughout Florida. Call 863-940-0874 or send us an email for us to help you build an estate plan that reflects your needs and protects your future.
