Power of Attorneys

Power of Attorney Lawyers California

Power of Attorney is a legal instrument used to delegate legal authority to another. The person who signs (executes) a Power of Attorney is called the Principal. The Power of Attorney gives legal authority to another person (called an Agent or Attorney-in-Fact) to make property, financial and other legal decisions for the Principal.

A Principal can give an Agent broad legal authority, or very limited authority. The Power of Attorney is frequently used to help in the event of a Principal's illness, incompetence, disability, or in legal transactions where the Principal cannot be present to sign necessary legal documents.

By appointing an Agent under a Power of Attorney, the Principal is setting up a procedure for the management of his or her financial affairs in the event of incompetence or disability. A Power of Attorney enables a Principal to decide in advance who will make important financial and business decisions in the future. It is also helpful in avoiding the expense of having a court appoint a Guardian or Conservator to handle the Principal's affairs in the event of incompetence or disability.

The law office of Holstrom, Steinberg & Associates, will insure that your personal matters are handled appropriately and professionally. We are available to assist you with all areas of Estate Planning including a Power of Attorney. Contact Us