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Living Wills in Virginia
Power of Attorney in Virginia
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Page for page, a Durable Power of Attorney may be the most important legal document you can have prepared. A power of attorney allows one person to act on behalf of another person.
Let our estate planning attorney help protect your wishes
If you are considering creating a durable power of attorney in Northern Virginia, don’t take chances with “do it yourself” services. Let the experienced estate planning attorney in Northern Virginia at Northern Virginia Trusts and Estates help create a document specifically created for your situation that meets your needs. With a cost of $145 there is no reason to cut corners.
Northern Virginia Areas We Serve
Northern Virginia Trusts and Estates specializes in providing low cost estate planning services in Northern Virginia including Arlington, Alexandria, Fairfax, McLean, Vienna, Centreville and all of Northern Virginia. We never charge more than we advertise and we never charge based on the size of your estate.
What is a power of attorney and why do I need one?
A power of attorney is a relatively straightforward legal document that allows you to designate an agent to conduct your business and financial affairs for you. Having a power of attorney is particularly important if you become incapacitated, either temporarily or permanently, so that your business affairs with continue to be transacted smoothly. In addition, without a power of attorney, even your own spouse may be unable to conduct all of your affairs for you.
You can specify particular powers that the person will have, but most powers of attorney give the desired person a wide range of powers, including the ability to make agreements with the IRS, bestow gifts on your behalf, manage and transfer any and all assets, and create or make changes to any existing trusts you may have.
When you choose someone who will have power of attorney in Virginia, they do not need to have specific information about your current financial situation or any of your affairs.
However, you can speak to them about how you would like things to be handled and issues that may arise when the time arrives for them to act on your behalf.
Is a durable power of attorney all I need for estate planning?
While a power of attorney may be one of the most important things for your estate plan, it is by no means the only document necessary for a comprehensive estate plan. You may also want to have the following documents:
– Guardianship and Trust Will (if you have minor children)
– Medical Power of Attorney / Living Will
Count on our estate planning attorney for peace of mind
At Northern Virginia Trusts and Estates, we have over twenty years of experience in wills, trusts, and estate planning in Northern Virginia. You can rely on our experience to help you draft this important document.