Empower Your Business and Protect Your Interests with the Power of Attorney

Keathley Law Office, LLC » Power of Attorney

Power of Attorney Legal Advice in St. Louis County and St. Charles County, Missouri, Ben Keathley has the experience to help you make the right decision.

A Power of Attorney (POA) is a vital legal document that grants authority to an individual, known as the agent, to act on behalf of another person, referred to as the principal. Commonly referred to as a “letter of attorney” or simply a POA, this document plays a crucial role in estate planning, enabling individuals who may be losing their ability to manage their affairs to designate a trusted representative to make decisions on their behalf.

Types of Power of Attorney (POA)

There are six distinct types of POA available, each serving a specific purpose:

  1. Medical POA: An advance directive appoints a healthcare agent to make medical decisions based on the principal’s specific preferences.
  2. Non-Durable POA: Becomes effective upon signing but does not allow the agent to act when the principal is incapacitated.
  3. Durable POA: This takes immediate effect upon signing and continues even when the principal becomes incapacitated. Terminates upon the principal’s death or revocation.
  4. Limited (Special) POA: Allows the agent to act for a specific purpose, terminating once that purpose is fulfilled.
  5. General POA: Grants broad powers to the agent for financial, business, real estate, and legal matters within the limits defined in the POA.
  6. Springing POA: Takes effect upon a specific event or medical condition, with termination conditions outlined in the POA.

When is a Power of Attorney Necessary in Missouri?

A POA proves invaluable in estate planning when individuals cannot fully comprehend their decisions and actions. It becomes particularly relevant in the following scenarios:

  • The principal’s mental capacity is affected by Alzheimer’s or dementia.
  • Physical disability prevents the principal from signing essential documents.
  • The principal wishes to delegate specific decision-making authority.

Consult Ben Keathley an Estate Planning Lawyer in Missouri

When the need arises for a POA, seeking guidance from an experienced estate planning attorney is essential. By collaborating with a legal professional, you can effectively determine the most suitable approach for your unique circumstances. Whether you require assistance with general estate planning or incorporating powers of attorney into your estate plan, our dedicated team is here to ensure that you and your loved ones are well-informed and adequately prepared to make informed choices.

A Power of Attorney serves as a powerful tool to manage financial and personal matters during periods of incapacity or inability. In Missouri, entrust your estate planning concerns with Ben Keathley, a qualified attorney who can provide comprehensive guidance and help you make informed decisions that safeguard your interests and those of your loved ones.

Call today at 314-312-2244 to discuss your situation.

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