Joel A. Bernstein & Associates in Lexington, Massachusetts, handles all of your estate planning and life care planning needs including durable powers of attorney. Attorney Joel Bernstein can give you the peace of mind that comes from knowing that your wishes are clearly articulated in plain English in comprehensible and legally sound estate planning documents. There are several types of durable powers of attorney, such as for finances and for health care. The purpose of a durable power of attorney is to select an agent to act on your behalf should you become unable to do so.
Durable powers of attorney are part of a package that can accompany a trust or health care proxy. It is important to consult a dedicated, experienced estate planning attorney who can show you the best way to integrate the many estate planning devices to your best advantage for the maximum tax savings possible. The purpose of a durable power of attorney is to select an agent who will act on your behalf. The reason it is called a "durable" power of attorney is to denote that the power of attorney remains in force if you become incapacitated after creating the durable power of attorney.
However, when creating this instrument you can specify a termination date when the durable power of attorney is to end. Assuming that you are mentally competent, you are able to terminate a durable power of attorney at any time during your life. Contrary to popular belief, a durable power of attorney automatically terminates at the time of your death.
Contact Our Firm
If you have questions regarding estate planning and post-death administration of trusts and wills call Newton asset protection attorney Joel Bernstein at 781-325-1921, toll free at 888-811-7692 or fill out the online form on this website for a free, initial phone consultation. We will review your case and your options with their respective benefits and drawbacks, and any alternatives to the legal process that you may have. We look forward to assisting you and will provide the individual attention and personalized service that you deserve.
