POWER OF ATTORNEY
Granting the power of attorney is the legal authority to make decisions and sign for a person under a set number of circumstances. The power to make decisions can be as specific as the ability to sell one piece of property on their behalf or as broad as managing all financial decisions.
Limited Power of Attorney
Limited Power of Attorney allows an individual to select someone else to make a specific financial act on behalf of themselves. The act can be from cashing a check to representing the other person in a real estate closing. Generally, once the act has been completed this power of attorney becomes null and void.
Durable Power of Attorney
Durable Power of Attorney is granted legal authority that allows someone to select anyone of their choosing to represent them in all financial matters legal under law (except for changing of a will). It is highly recommended that the person chosen is a highly trusted person. They will have the power to handle any financial transaction as deemed in the best interest of the represented individual.
Medical Power of Attorney
Medical Power of Attorney gives the attorney-in-fact the authority to make health-care decisions for the grantor, up to and including terminating care and life support. The grantor can typically modify or restrict the powers of the agent to make end-of-life decisions.
It is really important to have a power of attorney, medical power of attorney, and living will. Otherwise, you don’t know what decisions will be made for you if you become incapacitated.
Attorney John Schwarz II is a native Hoosier who knows and understands the issues facing the people of Indiana.
John practices in the areas of Agricultural Law, Family Law, Real Estate Law, Municipal Law, Estate Planning, Probate, Civil Litigation, Employment Law, Personal Injury, Animal Law, and other areas. As a fellow Hoosier John can effectively assist you with your Indiana legal needs.
