Legal-Ease: Powers of Attorney only powerful if properly used

Lee R. Schroeder is an Ohio licensed attorney with Schroeder Law LLC in Ottawa. He limits his practice to business, real estate, estate planning and agriculture issues in northwest Ohio. He can be reached at [email protected] or at (419) 523-5523. This article is not intended to serve as legal advice, and specific advice should be sought from the licensed attorney of your choice based upon the specific facts and circumstances that you face.

A power of attorney is an important legal document that many people misunderstand. There are different forms: healthcare and general.

Powers of attorney can be durable, meaning they allow the person named in the document to make decisions for the person who is incapacitated. However, once the principal dies, the agreement is void.

A power of attorney is a signed document that allows one person (called the “principal”) to grant certain decision-making powers of the principal to another person (called the “agent”).

There are generally two types of powers of attorney, health care and general.

Read Lee’s full article on powers of attorney in the Lima News here: Legal-Ease: Powers of Attorney only powerful if properly used

Source: LimaOhio.com, Legal-Ease: Powers of Attorney only powerful if properly used by Lee R. Schroeder, November 15, 2014

Posted in Estate Planning, Powers of Attorney and tagged , , , .