Plan Ahead. Protect Your Voice.
Life can be unpredictable—but with the right legal tools in place, you can stay in control of your future. A Power of Attorney allows you to choose a trusted individual to make financial or medical decisions on your behalf if you’re unable to do so.
At Trustice, we help you create clear, customized documents that reflect your values and provide peace of mind for you and your loved ones.
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Frequently Asked Questions
A power of attorney is a document that grants a named individual (known as the “Agent”) the authority to make certain financial or medical decisions on behalf of another (known as the “Principal”). A durable power of attorney is one that will remain in effect in the event the Principal becomes mentally incapacitated in the future. Having a durable power of attorney in place is beneficial in the event that you become incapacitated and are unable to manage your financial or other personal affairs in the future. It may also avoid the need for a family member or another individual to file a petition for guardianship and/or conservatorship over you in the event you become incapacitated, which requires involvement of the courts, and can be a costly and lengthy process.
A General Power of Attorney is a document wherein you name an Agent to make financial decisions on your behalf. A Medical Power of Attorney is a document wherein you name an Agent to make medical decisions on your behalf. Both types of POA’s can be durable, which means they will remain in effect in the event the person making the POA (the “Principal”) becomes mentally incapacitated in the future.
It depends. Generally, a durable power of attorney will become effective on the date that you sign it and have it notarized, and will remain in effect for the duration of your lifetime unless it is revoked (in writing). However, you can include express language in your durable power of attorney that states it will become effective on a future date or upon your incapacity.
Yes, you can have more than one agent named in your power of attorney. You can name as many agents as you would like, either acting jointly and/or severally.
Yes! You can always revoke and/or change a power of attorney at a later time. The change or revocation needs to be in writing, signed by you, and notarized by a notary.
A revocable living trust (“RLT”) is a trust that is established during the grantor’s lifetime, and the grantor retains control over the trust and trust assets during their lifetime. They may be named as the trustee of the RLT, and may amend or revoke the RLT during their lifetime.
In general, a power of attorney executed in one state will be valid and recognized in another state.
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