The Perla Law Firm, LLC - Estate Law
Financial Power of Attorney
Experienced Counsel You Can Trust for Financial Power of Attorney
A financial power of attorney is a legal instrument that gives authority to another person to manage your finances.
A financial power of attorney can give broad or limited authority and can become effective immediately or upon your incapacity.
Without a financial power of attorney, if you become unable to make decisions for yourself, your family will have to seek a guardianship, a costly and time-consuming proceeding.
Further, if you would like your agent to have the ability to engage in Medicaid planning upon your incapacity, a properly drafted financial power of attorney is essential. The legal requirements of a valid financial power of attorney have changed in recent years. Hence, if you have an old financial power of attorney, it would be wise to have it reviewed by an experienced elder law attorney.
At The Perla Law Firm, LLC, we help individuals and families prepare customized Financial Powers of Attorney that provide trusted protection when it matters most.
Whether you're creating a new document, updating an outdated one to comply with current Ohio law, or ensuring your agent has the authority needed for future Medicaid planning, our experienced team is here to guide you every step of the way.
Contact The Perla Law Firm today to schedule a consultation and put a comprehensive Financial Power of Attorney in place—helping safeguard your financial affairs and providing peace of mind for you and your loved ones.
A Financial Power of Attorney you can rely on
Contact our office today to schedule a consultation.
Estate Law Services
Estate Planning • Wills • Living Trusts • Probate Avoidance Deeds • Financial Power of Attorney • Healthcare Power of Attorney & Living Will • Disposition of Bodily Remains • Medicaid Planning • Medicaid Asset Protection Trusts • Special Needs Trusts • Elder Law • Caregiver Agreements • Guardianships
When you pass away, if your assets (like your house, bank accounts, or car) are only in your name without a designated beneficiary, joint owner or a trust, they will need to go through a process called probate.