12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Do I Need a Lawyer to Create a Power of Attorney in Traverse City, MI

Do I Need a Lawyer to Create a Power of Attorney in Traverse City, MI


Family is where life begins & love never ends.
 
- Anonymous


A durable Power of Attorney for finances - or financial power of attorney - is a simple and inexpensive, way to arrange for someone to manage your finances if you become incapacitated.

A durable Power of Attorney for finances can be drafted so that it goes into effect as soon as you sign it or you can specify that the power of attorney does not go into effect until a doctor certifies that you have become incapacitated.

A durable power of attorney for finances grants your chosen representative the legal authority to act on your behalf for financial issues. This person may be referred to as your agent or as an attorney-in-fact. They are required to act in your best interests.

You can delegate authority to any or all of the following: 1) file and pay your taxes; 2) collect Social Security, Medicare, or other government benefits; 3) buy, sell, maintain, pay taxes on, and mortgage real estate and other property; 4) use your assets to pay your everyday expenses and those of your family; 5) invest your money in stocks, bonds, and mutual funds; 6) manage your retirement accounts; 7) transfer property to a trust you've already created; 8) handle transactions with banks and other financial institutions; 9) buy and sell insurance policies and annuities for you; 10) operate your small business; and 11) hire someone to represent you in court.

The agent is required to act in your best interests, maintain accurate records, keep your property separate from theirs and avoid conflicts of interest.

A durable Power of Attorney for finances must be signed, witnessed, and notarized. If your agent will have to deal with real estate assets, some states require you to put the document on file in the local land records office. The power of attorney for finances is typically extinguished upon death, revocation, or divorce, if the power of attorney was granted to the ex-spouse.

A durable Power of Attorney for healthcare designates the person who will make medical decisions for you in an emergency. Even though you may have set out your wishes in your healthcare directive or Living Will, such documents cannot cover every possible situation. Your agent will make decisions that are not covered by your healthcare directive, but can never contradict their terms.

In order to create a power of attorney for healthcare, most states only require that you be an adult and be competent when you create the document. This document takes effect when your doctor declares that you lack the capacity to make your own health care decisions. The power of attorney for healthcare is generally only extinguished upon your death, revocation by you or a court, or upon divorce if the power of attorney was granted to the ex-spouse.

Only you can decide if hiring a lawyer is right for you. Check out 12Law.com for listings of lawyers in your neighborhood.
 
Personalize & Print a Free MI Power of Attorney Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Related Legal Services near Traverse City, MI
Mortimer Law Firm
514 Munson Ave
Traverse City, MI 49686
(231) 933-9999
Social Security & Disability Law Attorneys, Attorneys, Criminal Law Attorneys, Legal Service Plans,
Ringsmuth Wuori PLC
102 W Front St
Traverse City, MI 49684
(231) 714-9809
Attorneys,  Personal Injury Law Attorneys,  Wrongful Death Attorneys,  Accident & Property Damage At
Walton Smith Phillips & Dixon PC
216 Cass St
Traverse City, MI 49684
(231) 714-9803
Probate Law Attorneys,  Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Social Security & Dis
Brandt Fisher Alward & Pezzetti PC
1241 E 8th St
Traverse City, MI 49686
(231) 941-9660
Legal Service Plans,  Attorneys,  Corporation & Partnership Law Attorneys,  Criminal Law Attorneys,
Rice Susan J
1241 E 8th St # 1
Traverse City, MI 49686
(231) 941-9660
Attorneys, Legal Service Plans
Vermetten Matthew D
1241 E 8th St # 1
Traverse City, MI 49686
(231) 941-9660
Attorneys, Legal Service Plans
Martinelli & Montney PLC
802 S Garfield Ave
Traverse City, MI 49686
(231) 922-9600
Corporation & Partnership Law Attorneys, Attorneys, Real Estate Attorneys, Legal Service Plans
Montney Isles PLC
802 Garfield Rd N
Traverse City, MI 49696
(231) 922-9600
Real Estate Attorneys, Business Law Attorneys, Attorneys
Bergstrom, Gary Atty
13310 S West Bay Shore Dr
Traverse City, MI 49684
(231) 941-9550
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Domestic Violence Attorneys,  Child Custody A
Zelenock Jay Law Firm PLC
160 E State St
Traverse City, MI 49684
(231) 929-9529
Attorneys,  Accident & Property Damage Attorneys,  Personal Injury Law Attorneys,  Employee Benefits
Rosi & Gardner PC
735 S Garfield Ave
Traverse City, MI 49686
(231) 668-9517
Family Law Attorneys, Attorneys, Real Estate Attorneys
Tremp Robert P
1496 Business Park Dr # B
Traverse City, MI 49686
(231) 932-9500
Attorneys
Matthew Connolly
409 E 8th St
Traverse City, MI 49686
(231) 932-9277
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  General Practice Attorneys,  Divorce Att
Ordway Law Firm
3055 Shore Wood Dr
Traverse City, MI 49686
(231) 223-9177
General Practice Attorneys, Attorneys
Corcoran Michael J
13709 S West Bay Shore Dr # 2
Traverse City, MI 49684
(231) 995-9100
Bankruptcy Law Attorneys, Business Bankruptcy Law Attorneys, Attorneys
View of the Bay Lawyers
13709 S West Bay Shore Dr
Traverse City, MI 49684
(231) 995-9100
Attorneys
William G Burdette Law Offices
13709 S West Bay Shore Dr
Traverse City, MI 49684
(231) 995-9100
Attorneys, Criminal Law Attorneys, Family Law Attorneys, Construction Law Attorneys, Collection Law
Walworth & Nayh PC
880 Munson Ave
Traverse City, MI 49686
(231) 947-8990
Attorneys, Legal Service Plans
Jason Thompson Law Office
733 E 8th St Ste 204
Traverse City, MI 49686
(231) 929-8800
General Practice Attorneys, Attorneys, Legal Service Plans
Zirnhelt Bowron & Wiggins PLC
400 E 8th St Ste 3
Traverse City, MI 49686
(231) 946-8630
Attorneys, Environment & Natural Resources Law Attorneys
Miller Embury PLLC
12930 S West Bay Shore Dr
Traverse City, MI 49684
(231) 421-8400
Attorneys, Business Law Attorneys
Williams Jesse L
125 S Park St # 100
Traverse City, MI 49684
(231) 929-8340
Criminal Law Attorneys, Attorneys
Kuhn Darling Boyd & Quandt PLC
412 S Union St
Traverse City, MI 49684
(231) 947-7900
Environment & Natural Resources Law Attorneys,  Attorneys,  Family Law Attorneys,  Business Law Atto
Quandt Joseph E
412 S Union St
Traverse City, MI 49684
(231) 947-7900
Environment & Natural Resources Law Attorneys, Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US