New Jersey estate planning lawyer Christine Matus (https://matuslaw.com/durable-powers-of-attorney-what-you-need-to-know/) of The Matus Law Group has recently published an enlightening piece titled ‘Durable Powers of Attorney: What You Need to Know’. This article provides valuable information about a critical, but often overlooked, part of estate planning: the durable power of attorney.
In this article, the New Jersey estate planning lawyer highlights the importance of understanding and establishing a durable power of attorney. She emphasizes that estate planning is not only about deciding what happens after one's death, but also about preparing for possible incapacity during one's lifetime.
Christine Matus, a seasoned New Jersey estate planning lawyer, quotes, "At The Matus Law Group, our lawyers can help you understand the power of attorney and assist you in establishing a durable power of attorney. This ensures your financial and personal affairs are managed according to your wishes, even if you become incapacitated."
The article goes into detail about the different types of power of attorney, including the healthcare power of attorney, the general power of attorney, and the limited power of attorney. It also explains how a regular power of attorney loses its validity and how a durable power of attorney can continue to be valid even if the principal becomes incapacitated, underlining its value in uncertain health situations.
"Having a durable power of attorney in place gives you peace of mind. If something happens to you, a trusted person will have the ability to legally act on your behalf and ensure that everything is handled as you would have wanted when you were fully aware and conscious," says Christine Matus.
The article also addresses what happens to the power of attorney after the principal's death. It clarifies that the power of attorney automatically loses its validity after the principal's death, meaning the agent loses the right to represent the principal.
As a final thought, the article emphasizes the importance of seeking professional legal guidance when creating a durable power of attorney. The Matus Law Group team is praised for their extensive experience in assisting clients with these issues.
About The Matus Law Group:
The Matus Law Group is a highly respected law firm in New Jersey, known for its comprehensive approach to estate planning. With decades of experience in the field, the firm has a proven track record of helping clients navigate the complexities of estate planning, including the creation of durable powers of attorney. The firm is led by Christine Matus, a seasoned lawyer with a deep understanding of estate planning and a commitment to providing practical, compassionate legal guidance to her clients.
Youtube Video: https://www.youtube.com/watch?v=33nen73kgTc
Email and website
Company Name: The Matus Law Group
Contact Person: Christine Matus
Email: Send Email
Phone: (732) 785-4453
Address:125 Half Mile Rd #201A, Red Bank, NJ 07701
City: Red Bank
State: New Jersey
Country: United States