Chicago Estate Planning Lawyer For Appointing Powers Of Attorney

When planning your estate, appointing someone as power of attorney gives that person the authority to manage your affairs if and when you are unable to.

The Law Offices of Andrew L. Horberg, P.C., will help you to determine how to best plan for your estate by discussing the various options available to you. From offices in downtown Tinley Park, and also in Frankfort and Lansing, Mr. Horberg helps families throughout the south suburbs of Tinley Park, Illinois.

Understanding Your Options

Andrew Horberg takes the time to sit down with each of his clients to explain all of the options available in planning for his or her estate. Your situation is unique, and it is important to fully understand the options and alternatives before signing legal documents.

There are several types of power of attorney (POA), with each serving a distinct set of purposes. Here are some terms that you will want to be aware of when appointing powers of attorney:

  • General power of attorney. This authorizes the appointed person to oversee and make any legal decisions in your stead.
  • Durable/financial power of attorney. This authorizes the appointed person to manage your finances, stocks and bank accounts.
  • Health care power of attorney. This authorizes the appointed person to make health care decisions on your behalf.
  • Irrevocable power of attorney. This is a power of attorney that cannot be revoked by the principal; these are usually limited to a specific purpose.
  • Special/limited power of attorney. This power of attorney authorizes the appointed person to carry out a particular business transaction for the principal.

Mr. Horberg will work with you to devise a comprehensive estate plan to protect your person and property. With more than 30 years of legal practice on his side, Mr. Horberg is proud to have assisted multiple generations of the same families.

Take Control Of Your Estate By Planning Ahead

If you become incapacitated later in life and have not designated a power of attorney, a court proceeding may be held to gain authority over your financial affairs, and a guardian may be assigned to you by a judge. Take control of your estate by planning for your future, and contact a lawyer today.

Schedule A Consultation

To speak with an estate planning lawyer about appointing powers of attorney, call 312-429-6920 or 708-576-1379. Initial consultations are free.