Why Mandates & Trusts are Important for Every Adult
No one knows when an incapacitating accident or unpredictable illness will occur. It is vital to sit down with an experienced professional attorney to draft a Mandate and learn how a mandate may be terminated.
When you can’t be in two places at once, you may encounter a situation requiring a mandate. It would help to consider who would make choices for you while incapacitated if you frequently travel for work or if you will undergo medical treatment with a protracted recovery period.
We occasionally have unforeseen health problems. It’s unpleasant to think about, yet one day you might be unable to make your own choices about your property and health. Having a framework in place prevents uncertainty and the pricey interdiction court procedure.
By considering what would happen if you became incapacitated now. You have the time to make a plan that permits a dependable individual to act on your behalf. This can be your spouse, partner, child, friend, or neighbor, can save you money by preventing the need for expensive court cases to access your assets and get court orders to make medical decisions.
A General Mandate is a legally binding document that gives the person you designate as your agent the power to act on your behalf. Your agent will be able to act on your behalf in situations pertaining to but not limited to paying your bills, filing your taxes, buying or selling real estate, hiring professionals, maintaining your property, and carrying on with your personal affairs.
Call on experienced professionals like the top-tier expert attorneys at Henry Goodrich Law to solve your mandate and trust concerns.