Understanding the Importance of Your Power of Attorney in Baton Rouge

Life-altering events can occur at any stage of life. They can include anything from receiving a serious medical diagnosis or injury to becoming unable to properly manage your affairs and health as you age. What happens when you are not physically present or able to make decisions regarding your property, finances, or healthcare? This is where a Power of Attorney (POA) can become essential. Let The Law Offices of Ossie Brown help you understand the importance of designating a power of attorney.

Power of Attorney

Power of attorney documentation gives a person—called the principal—the ability to designate another person—known as the agent—to look after their interests. Powers of attorney may become necessary due to medical decline, mental impairment, or just convenience. When the principal cannot make certain decisions, the agent makes those decisions just as the principal would.

The party holding the power of attorney typically becomes recognized as the principal, but the laws vary by state. In the state of Louisiana, a POA has two requirements. First, the principal must make the offer to their agent. And second, the agent must accept the offer. Following this formal agreement, legal documents must be signed in the presence of a notary and witnesses. There are four types of power of attorney that an agent may be granted:

  • General Power of Attorney gives the agent the power to manage the principal’s affairs in all aspects as if it were the principal’s actions.
  • Durable Power of Attorney designates an agent to act for the principal, usually when the principal becomes incapacitated and medical decisions are required.
  • Special Power of Attorney, also known as “Limited” power, grants specific rights to the agent specifically designated by the principal.
  • Springing Durable Power of Attorney gives an agent power of attorney rights but only following the incapacitation of the principal.

A family member, spouse, or other trusted individual can be named as your power of attorney. However, this individual must be of legal age and competent. In some circumstances, multiple agents can be designated by one person. Having the conversation of designating a POA is crucial. It’s important to take proper precautions before a life-altering event occurs. Speak with a skilled attorney in Baton Rouge to better understand your power of attorney needs and begin the process of establishing your agency agreement.

Does My Power of Attorney Expire?

In most cases, a power of attorney remains valid until the death of the principal or until the principal revokes the agreement. This must be done formally in writing. Moving to a new state does not affect the validity of your documents, but it is important to continue regular communication with your lawyers at The Law Offices of Ossie Brown to maintain the accuracy of your agreement. The Law Offices of Ossie Brown can help you make any necessary changes to your documents or discuss the termination of your agreement as changes in your life occur.

Understand Your Power of Attorney in Baton Rouge With the Help of Our Lawyers at The Law Offices of Ossie Brown

When deciding on the best POA for you, you can find the guidance you need from the lawyers at The Law Offices of Ossie Brown. We understand the importance and complexity of this decision, and our lawyers are dedicated to offering the most knowledgeable advice possible throughout the process. Give our offices a call at 225-343-1111 or schedule a consultation with us for a meeting in-person. 

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