Powers of Attorney
Los Angeles Estate Planning Attorney
A Power of Attorney is an integral part of any estate plan in California. Often referred to as a “POA”, this piece of your estate plan allows you to plan for a potential period of incapacity.
Each of the estate plan packages at Best Coast Estate Law include a POA.
Frequently Asked Questions
Our team specializes in simplifying the estate-planning process so you and your loved ones can feel certain about every decision. Start with this overview, and then book a consultation when you’re ready to talk more.
What is a Power of Attorney (POA)?
A legal document in which the “Principal” appoints an “Agent” with the authority to
act on his or her behalf in financial, legal and government matters. Examples of
“powers” under a POA include but are not limited to making financial decisions,
handling investments and real estate, filing tax returns, filing and defending lawsuits
and managing the Principal’s business.
The Agent’s authority under a POA may begin immediately OR upon the Principal being deemed incapacitated.
The Agent’s authority under a POA may begin immediately OR upon the Principal being deemed incapacitated.
How does a POA plan for incapacity?
A POA plans for incapacity if it is “Durable,” because it allows the Agent to act on
behalf of the Principal even if the Principal becomes incapacitated. Someone is
incapacitated when a physician finds that the Principal is unable to manage his or
her financial affairs.
Why do I need a POA?
Without a POA, if you become incapacitated your loved ones would be forced to
petition the California Probate Court for conservatorship over you in order to legally
act on your behalf.
How much does an estate plan cost?
We offer flat fees for clients beginning the process of estate planning. If you have an existing estate plan, we will review and modify that plan at our hourly rate. You can learn more about our packages and pricing here.
