Why Your Current Power of Attorney May be Useless if You Want To Protect Assets

Why Your Current Power of Attorney May be Useless if You Want To Protect Assets

A power of attorney, also referred to as a POA, is a legally binding document that grants another individual, known as the agent or attorney-in-fact, the authority to act on your behalf in various legal and financial matters. This can include managing your finances, making healthcare decisions, and handling real estate transactions, among other responsibilities….

Healthcare Power of Attorney vs. Living Will vs. Advanced Medical Directive
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Healthcare Power of Attorney vs. Living Will vs. Advanced Medical Directive

No one enjoys talking about their own mortality, but the right legal tools can help ensure that your wishes are carried out should a medical emergency arise. In Louisiana, there is no legal default method for addressing these wishes in the event of unexpected incapacitation. However, certain legal tools can provide for these often unforeseen…