Different Powers Of Attorney
Estate planning at the Lake of the Ozarks serves multiple purposes. Part of the goal is to identify what should happen to your assets and belongings after you pass away, and another equally important task is to dictate who should handle your affairs on your behalf if/when you are unable to do so for yourself. A delegate can be appointed to manage your aff airs while you are still alive through a "power of attorney". The attorneys at Phillips, McElyea, Carpenter, & Welch, P.C. are here to help you gain a better understanding of these roles so you can determine who you would like to fill them. Power Of Attorney The person you designate as your power of attorney will be responsible for handling your affairs or making important decisions on your behalf if and/or when you are unable to do so for yourself. Your power of attorney (sometimes called your "attorney-in-fact") will not necessarily have the authority to handle every single issue or decision; th...