Financial Powers of Attorney | Boulder Estate Planning Attorney
As a Boulder estate planning attorney James Newell routinely help clients with financial powers of attorney. A financial power of attorney (PoA) is an instrument in which someone grants someone else the authority to act on behalf of the principal in matters pertaining to the handling of property. Like medical powers of attorney, most financial powers of attorney are durable, which means that they remain in force even past the point of the principal’s incapacity. Some general powers of attorney are standing, meaning they take effect upon being signed by the principal, while others are “springing,” meaning they take effect upon the occurrence of some specified event (e.g., the principal’s incapacity) or at some specified date in the future.
If you are looking for a Boulder Estate Planning Attorney with a results oriented approach tailored to your matter’s specific needs, contact Newell Law. We have the experience and knowledge to ensure your estate planning documents are drafted to carry out your wishes.