Chicago Lawyer Advising You About Powers of AttorneyMost people are aware of the need to have a power of attorney as a part of their overall estate plan. What many people fail to understand is the difference between a power of attorney and a guardianship. At the Law Offices of David Blocher, we advise people throughout the Chicago area about the differences between these options. If you want to learn more about a power of attorney, contact us for a free initial consultation with an experienced lawyer. Powers of attorney are most suited for estates that have few disputed issues. A durable power of attorney authorizes an individual to make either medical, financial or personal decisions for an individual. Unlike a guardianship, a power of attorney does not need court approval before it becomes effective. Our firm will help you decide whether a power of attorney is best for you and your family. While a financial or medical power of attorney may be less costly to create, it does have its disadvantages. A person with a power of attorney does not need to obtain court approval on a yearly basis. This may leave the conduct of the person with the power of attorney open to legal challenges at a later date, often after the person has passed away. Our firm will help you determine potential problems and whether a power of attorney or guardianship is most suited for your situation. In most situations, a power of attorney provides adequate means to protect an individual. If disputes do arise concerning a person who has a power of attorney, we can represent him or her in court actions. To determine whether a power of attorney is appropriate for your family member, contact the Law Offices of David Blocher to schedule a free initial consultation with an experienced lawyer. |
