As you begin to prepare your estate for the future, you will need to consider whom you would want to possess the power to make decisions on your behalf in the later years of your life. The person or organization you choose to grant this authority to may be named in a legal document known as a power of attorney.
If you would like to learn more about how our firm can help you to draft a power of attorney, the Chicago estate planning attorneys at Peck Ritchey, LLC, can help you understand the ins and outs of what you will be able to do with this document. Contact us today at (855) 328-5787 to schedule a consultation.
Why should I have an estate planning lawyer help draft a power of attorney document?
Though we don’t like to admit it, many of us will come to a point in our lives where we are no longer able to make decisions for ourselves. Without a plan put in place, decisions regarding your finances, healthcare, and property might be made on your behalf that you do not approve of. To prevent this catastrophe, you can have a lawyer create a power of attorney document. Power of attorney is an important legal tool to help manage your business, financial interests, property, and other concerns after you are no longer able to.
These documents are vitally important, but they are also complex. There are many different categories of power of attorney, each with its own unique set of requirements. Attempting to draft such a complicated document on your own can lead to your wishes being misinterpreted, or your document being invalidated altogether. This can leave your future completely out of your control.
Instead of risking this uncertainty, hire an estate lawyer who is familiar with power of attorney documents. They can ensure that the document you draft is clear, valid, and respects all of your wishes for your future decisions.
Why choose Peck Ritchey, LLC?
Peck Ritchey, LLC has over 100 years of experience serving the Chicago area. We have the experience, deep legal understanding, and creativity to make sure that your estate planning needs are met. Our power of attorney lawyers are recognized leaders in the Chicago legal community. Partner Kerry R. Peck has served in the Chicago Bar Association, drafted multiple pieces of legislation for consideration in the Illinois General Assembly, and has spoken extensively to media and educators on issues that affect older adults and families. Handling cases in Cook, Lake, Kane, and DuPage counties, Peck Ritchey, LLC is here to provide you with the highest quality of service with a professional and friendly attitude. We also offer completely free and confidential consultations, so you can explore your options before committing to anything.
Creating Powers of Attorney for Chicago Estates
Our legal team in Chicago understands just how important the powers of attorney document will be for you and the person who you trust to act as your attorney-in-trust. We possess the experience and the resources necessary to draft a power of attorney that is specifically tailored to your needs. We can look into all of the following types of documents:
- General power of attorney: General power of attorney gives a person or organization a broad authority to act on your behalf. Powers granted can include managing business and financial interests, property interests, settling claims, or employing additional help. General powers of attorney can be effective if you become physically or mentally incapable of managing certain affairs, or if you plan to travel outside of the country for long periods of time.
- Healthcare power of attorney: Healthcare power of attorney is granted to a person who can make medical decisions on your behalf if you are mentally incapable, unconscious, or otherwise unable to make medical decisions on your own.
- Durable power of attorney: If you become mentally incompetent due to an accident while power of attorney is in effect, you can make sure that the power of attorney remains valid by signing a durable power of attorney. Durable power of attorney can also be helpful if you anticipate or want to safeguard against any issues after becoming mentally incompetent. A physician that you designate beforehand can judge you to be mentally incompetent.
- Specific power of attorney: Special power of attorney grants a person or organization a specific power. This may arise due to other commitments or health reasons. Specific powers that can be designated to a person or organization include business transactions, managing real estate, or selling personal or real property.
Whatever your particular wishes may be, our Chicago legal team can help you draft a power of attorney that takes each and every one of those wishes into account.
Consult with an Estate Planning Lawyer in Chicago
If you would like to formalize who will have the authority to act on your behalf in the future with a power of attorney document, the Chicago estate planning lawyers at Peck Ritchey, LLC, can help you draft this document to match your specific intentions. Utilizing our extensive experience, we will help to draft a power of attorney document for you that is strong, specific, meets your needs, and carries out your specific intentions. Drafting a power of attorney document that helps to carry out your ideal plans for your estate is an important part of the estate planning process. The Chicago area lawyers at Peck Ritchey, LLC are here to help. To speak with a probate attorney in Chicago about the particulars of your claim, please call our Chicago offices at (855) 328-5787 today.