Husson Laww LLC Prepares Powers Of Attorney For Your Financial And Medical Needs
John Husson is a knowledgeable and dedicated attorney helping clients in the Denver metro area to transfer decision-making authority in the event of being incapacitated.
Powers of attorney are documents that transfer decision-making convey legal authority for one person or organization (agent) to act in the name of another person when making medical and financial decisions. These documents can be highly useful for individuals and business owners. If an illness, chaotic schedule, extensive travel or other circumstances make it difficult for you to make informed decisions about issues that affect your life, you can grant power of attorney to someone you trust so they can act on your behalf. At Husson Law LLC, attorney John Husson guides clients in Colorado through the process of authorizing an agent and carefully drafts powers of attorney that meet our clients' specific needs.
Granting power of attorney to a trusted agent can ensure that important matters are handled carefully when you cannot tend to them yourself. Generally speaking, powers of attorney address three main areas of concern:
Financial management — You may grant someone power of attorney to manage your bills, taxes, stock, royalties, or other financial matters. Transferring authority to a trusted individual can give you a sense of security when times are difficult. Older adults who are forgetful or susceptible to scams can also benefit from a loved one overseeing their bank accounts and other financial concerns.
Legal and business matters — Even if you are not planning to step away from the day-to-day management of your business or legal matters, executing a financial or otherwise called a general power of attorney is a prudent contingency plan. An agent can also be given the right to act as your power of attorney if you become temporarily or permanently incapacitated. Without a financial power of attorney, your family and business partners may need to petition the local district court for the appointment of a conservator such as needed for the sale of real estate and other important financial matters. This is an expensive and lengthy process and it is definitely to be avoided if at all possible.
It is prudent for small business owners and individuals involved in litigation to select a trusted representative to act in their place. In case you have to step away from day-to-day management of your business or legal matters, the person with power of attorney can continue to look out for your best interests. At Husson Law LLC, John can work closely with you and your representative to evaluate each area where power of attorney is advisable and the specific powers to be granted to your financial agent.
Medical care — When a medical crisis strikes, loved ones are often unsure about the extent of lifesaving treatment the injured or ill person would want. Every adult should have a medical power of attorney granting decision-making authority to a person of their choosing. This will help alleviate family disharmony.
At Husson Law LLC, John works to prepare documents that address each client's specific needs and concerns.
Use an experienced estate planner like John to advise on whether a limited vs. general transfer of authority is right for you. A power of attorney can grant broad authority or be limited in scope. While a limited power of attorney can give an agent authority to act for you for only a specific period of time or to fulfill a specific task, a general power of attorney can transfer all of your authority to another party. John is knowledgeable in drafting numerous types of powers of attorney. He will collaborate closely with you and your chosen agent(s) to evaluate each area where power of attorney is advisable.
Contact a skilled Colorado law firm for help with preparing powers of attorney.
A carefully drafted power of attorney can give you and your family greater peace of mind if you are unable to make decisions for yourself. Call Husson Law LLC at 719-310-7221 or contact us online to schedule a free initial phone or video consultation.