For various reasons, you may wish to grant someone the legal authority to make certain decisions or take certain actions (such as opening or closing financial accounts, managing investments, and paying bills) on your behalf. In California, you can do so by granting someone power of attorney.
This isn’t a task you need to handle on your own. To ensure you’ve properly established a power of attorney correctly, it’s recommended to coordinate with an experienced attorney. At the Law Offices of Andrew Cohen, a Sherman Oaks power of attorney can manage this task for you, while also answering any questions you may have about the topic.
Someone who grants another person power of attorney is referred to as a principal. The person to whom they grant power of attorney is the agent.
Power of attorney comes in four major types. They are:
Actions that someone with power of attorney might be able to take include (but aren’t necessarily limited to) the following:
Determining which type of power of attorney arrangement is ideal for your goals may be easier if you discuss the matter with a legal professional who’ll help you better understand each option. Additionally, a lawyer can assist you in ensuring power of attorney is properly drafted and established.
Speak with a Sherman Oaks power of attorney for more information. At the Law Offices of Andrew Cohen, we’re prepared to help you navigate this process. Get started today by contacting us online or calling us at 661-481-0100.