Friedman Jeanine

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Guardianship
A durable power of attorney for property is an important document that allows one to designate a person to manage their financial affairs if they can’t. Even if one has a Will or trust, designating a power of attorney, or “attorney-in-fact,” is necessary for making important financial decisions on their behalf for assets outside of their trust. One designates whether the power of attorney is to take effect immediately or only once their doctor certifies they are incapacitated. Finally, guardianship proceedings can be avoided by naming a guardian in a power of attorney.

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Categories: Wills, Trusts & Estate Planning Attorneys, Attorneys, Estate Planning, Probate, & Living Trusts, Family Law Attorneys, General Practice Attorneys

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Phone: (847) 256-9173

Address: 1131 Central Ave Ste 2, Wilmette, IL 60091