What is a durable power of attorney document?
There are several estate planning documents that you cannot live without. The most obvious, of course, is a will that determines the beneficiaries of your assets as well as when they will receive that money. One document that is extremely important and often overlooked is the Durable Power of Attorney. This document allows you to decide ahead of time who make business decisions, investment decisions, pay taxes, make gifts and many other provisions. If you become temporarily or permanently incapacitated, it is vital that this document is already in place. For example, if you go into a coma, you will want your assets to be worth at least as much as they were before you became ill, if not more. If your condition is permanent, you will want your estate in the hands of someone you trust. Call the Law Office of Unruh, Turner, Burke and Frees at 610-933-8069 or visit https://www.paestateplanners.com for more free resources and information about creating a Durable Power of Attorney Document for your will.