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Powers of Attorney Attorney in Upper Marlboro, Maryland

Who Needs a Power of Attorney?

Powers of Attorney are convenient tools for financial management. A power of attorney allows an individual to appoint agents to act for her in very limited circumstances, for example, to sell or purchase property, or it may grant broad and general authority to handle all financial matters for an individual. If you want someone to handle your affairs for you in your absence you need a power of attorney.

What Is a Power of Attorney Used For?

Powers of attorney are used to help individuals manage their financial and medical affairs if they are unable to do so themselves either because of incapacity or because they are not available.

Who Should I Make My Power of Attorney?

Powers of attorneys can grant broad authority for someone to act on your behalf. You should choose someone trustworthy and competent as your agent. Anyone dealing with a power of attorney with apparent authority will have no liability to you for the decisions your power of attorney makes. You should choose your agent wisely.

Powers of attorney are an essential part of planning your estate, but you must choose someone competent and honorable. Let AMD Law help you determine who should best act as your trusted power of attorney. Call us today for your consultation.