This is the final post in a series of articles discussing the importance of powers of attorney in Hartford, Connecticut. The primary objective of this series has been to explain the purpose, legal requirements, scope and risks associated with powers of attorney. Appointing an agent on one’s behalf for financial, healthcare or other reasons can be helpful in case of absence or incapacity. It is important to understand the types and scope of authority granted prior to issue powers of attorney to ensure that your intentions are accurately reflected in the document. If you or a loved one need assistance preparing or understanding a power of attorney, contact our office today to speak with a lawyer.
We have addressed several key topics in this series, including:
- Durable powers of attorney
- Legal requirements for valid powers of attorney
- Potential consequences of issuing a power of attorney
- Medical powers of attorney
- Durable and medical powers of attorney for children in college
We felt it was important to review these subjects for a variety of reasons. First, a person issuing a power of attorney should carefully consider the scope and timing of the powers to be granted. Granting an agent broad powers to make financial decisions on one’s behalf should not be taken lightly. Second, it is important to prepare and execute powers of attorney in compliance with applicable Connecticut laws. Third, powers of attorney are legally binding documents. One should fully appreciate the potential consequences of appointing an agent prior to executing power of attorney documents. Fourth, to authorize a third party to make medical decisions on one’s behalf, a principal must issue a specific medical power of attorney. Durable powers of attorney do not apply to healthcare related decisions. Finally, powers of attorney are not only important for aging relatives or between spouses. Parents should consider obtaining powers of attorney from their young adult children in order to communicate with their medical providers or to deal with medical emergency or legal issues on behalf of the young adults.
Powers of attorney can be helpful to manage one’s affairs in the event of a planned absence or incapacity. An experienced attorney can help you understand the type and scope of powers of attorney to accomplish your planning objectives. Our firm has over 50 years of experience assisting clients in Hartford, Connecticut. Call us today to speak with a lawyer. We also service the areas of Wethersfield, New Britain, Rocky Hill, East and West Hartford, Bristol, Glastonbury, and Manchester, as well as the Middlesex County cities of Middletown and Cromwell.
