A durable power of attorney is a document that allows you to designate an agent to handle and manage your financial affairs in the event you become incapacitated. This would include things like paying bills, dealing with property, and filing taxes. If you become incapacitated, not having a durable power of attorney in Reno will require a court proceeding to have a guardian appointed for you to manage your financial affairs. This can be a costly and time-consuming process that can be completely eliminated by creating a comprehensive estate plan that includes a durable power of attorney.
As with any document in which you appoint someone to act on your behalf, the selection of the agent is important. Our seasoned POA lawyers can help you weigh your options in selecting an agent.