Schaefer Law

Durable Power of Attorney

PLANNING FOR UNCERTAINTY WITH EXPERT LEGAL COUNCIL

As we plan for the future, we often think about and plan for our finances when we pass away. However, there are situations where we may become incapacitated or unable to manage our finances.

Having a Durable Power of Attorney can be the best plan of action to help prevent huge financial losses. The Law Office of Pamela J. Schaefer in Massachusetts is here to help you navigate this complex process.

What Is The Durable Power Of Attorney?

A Durable Power of Attorney is a legal document that grants another person the authority to manage one’s financial affairs on their behalf. This document is crucial in estate planning to safeguard the estate by helping to protect your financial and business holdings.

Safeguarding Your Financial And Business Holdings

Without this, your loved ones may have to go through a lengthy and expensive court process to gain control for you. This can result in financial loss and disruption of your business operations. With a Durable Power of Attorney, you can choose someone you trust to manage your affairs in case they need to quickly take over.

Importance Of An Estate Planning Lawyer

In Massachusetts, estate law is complex and ever-changing. This is why it is essential to work with an estate planning lawyer to create a Durable Power of Attorney that is valid and enforceable. The Law Office of Pamela J. Schaefer, with over 25 years of experience, can help you understand the legal implications and minimize potential risks.