Safeguarding Your Future: Power of Attorney Tips for Savannah Residents
Introduction In today's uncertain world, planning for the future is more important than ever. One crucial aspect of this planning involves establishing a power of attorney (POA). A power of attorney is a legal document that grants someone else the authority to act on your behalf in legal and financial matters. This document ensures that your wishes are carried out even if you become incapacitated and unable to make decisions for yourself. Understanding Power of Attorney Before delving into tips for Savannah residents, it's essential to understand the basics of a power of attorney. There are several types: General Power of Attorney : Grants broad powers to the agent, allowing them to handle a wide range of financial and legal matters on your behalf. This type of POA is typically used for specific periods or specific transactions. Limited or Special Power of Attorney : Limits the agent's authority to specific actions or transactions. For instance, you might use a limited POA ...