Power of Attorney Agent Services

An agent with power of attorney is commonly referred to as the “attorney-in-fact” or simply the “POA agent.” As your POA agent, we are authorized to act on behalf of the principal (the person granting the power of attorney) and make legal decisions or handle financial matters as specifically outlined in the power of attorney document.

Power of Attorney (POA) Agent Services involve appointing a professional, known as your agent, to act on behalf of another person, known as the principal, in various legal, financial, and medical matters. The scope of authority granted to the agent can vary depending on the type of POA document and the specific preferences of the principal. Here’s how our POA Agent Services relate to personal, business, financial, and medical matters:

Personal Matters: In personal matters, the POA agent may be authorized to make decisions related to the principal’s personal affairs, such as managing real estate, handling personal finances, paying bills, and managing investments. This could include tasks such as creating and signing contracts, accessing bank accounts, acting as a trustee agent, and managing day-to-day financial affairs.

Business Matters: For business matters, the POA agent may have the authority to act on behalf of the principal in business transactions, such as signing generating and executing contracts, negotiating deals, managing business finances, corporate governance, mergers, acquisitions, conflict resolution, and making decisions related to the operation of the business. This could include tasks such as managing business bank accounts, signing leases, and representing the business in legal proceedings.

Financial Matters: POA Agent Services encompasses a wide range of financial matters, including managing bank accounts, paying bills, filing taxes, managing investments, and making financial decisions on behalf of the principal. The agent may be authorized to access the principal’s financial accounts, sign checks, and make financial transactions as necessary to perform the services outlined in the specific POA Agent agreement. The POA agent may also act as a trustee to organize the documentation and the distribution of assets related to a will or probate matter.

Medical Matters: In medical matters, the POA agent may be authorized to make critical healthcare decisions on behalf of the principal in the event of their incapacity or inability to make decisions independently. This authority extends to decisions regarding medical treatments, surgical procedures, medications, and end-of-life care. Additionally, the agent may have access to the principal’s medical records and be tasked with liaising with healthcare providers on their behalf.

Furthermore, in cases of perceived medical negligence or malpractice, your POA may be empowered to collect medical documentation and draft legal briefs for presentation to your legal counsel. It is important to note that all matters pertaining to medical POA are billed on a contingency basis, contingent upon the successful resolution of legal proceedings as outlined in your POA Agent Agreement. These fees are billed separately from legal representation costs and serve as a safeguard against potential disadvantages of not securing this service.

Overall, Power of Attorney Agent Services provide a mechanism for individuals to appoint a trusted individual to handle their affairs and make decisions on their behalf if they are unable to do so themselves. It’s essential to carefully consider the scope of authority granted to the agent and to select someone who is trustworthy, competent, and capable of carrying out the responsibilities outlined in the POA document.

Please note: If you are in need of POA agency services, fees are assessed as a percentage of the portfolio being administered. For instance, POA agent services associated with the methodical distribution of assets in a trustee or probate proceeding are billed at a rate ranging from 5% to 9% of the total assets under management. These services encompass all communications, asset reports, distribution agreements, and document preparation in the event of probate.

Contact us to schedule a free consultation to discuss your specific Power of Attorney requirements.

Empower yourself and safeguard your future! Don’t wait until it’s too late – designate your Power of Attorney (POA) agent today to protect your interests and ensure your affairs are managed with precision and care. With a POA agent by your side, you can rest assured that your financial, medical, and personal matters are in capable hands. Take control of your destiny and secure peace of mind – act now and enlist the expertise of a trusted POA agent!