Power of Attorney, Both Medical and Financial
If you become sick or disabled, either temporarily or permanently, who will make decisions for you?
A Power of Attorney allows you to appoint someone you trust to handle your affairs if you cannot do so. If you cannot pay bills, get records or make other decisions, your family will be prevented from helping you get treatment, pay doctors or pay for Medicaid.
Without a Power of Attorney, your family may have to file two (that’s right, 2!) actions in the Probate Court:
Guardianship action gives the winner the right to make medical care and life decisions for you.
This one is about your money and your stuff. Who gets to control it? If you don’t decide, the Probate Court will be happy to do it for you!
These actions involve the Court, several lawyers and can cost between $4,000 up to as much as $50,000. Guardianship and Conservatorship also involves a lifetime of public reporting about you, your health status, and your money to the Probate Court. All of our families, as part of our LifePlanning™ process, receive both Financial (Durable) and Medical Powers of Attorney. It is important that you give your family the tools to help you, if you cannot help yourself.
Estate Planning Attorneys in Michigan
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