Power of Attorney Lawyer in Myrtle Beach, SC
While it never feels like disaster is around the corner, you should always be prepared for unexpected emergencies. As you reach older age or suffer a medical emergency, there may come a time when you are unable to make important legal and medical decisions for yourself. That's why South Carolina law authorizes a document appointing a trusted loved one or advisor to make important decisions on your behalf. This tool is known as a power of attorney.
For assistance setting up a power of attorney in Myrtle Beach or elsewhere in South Carolina, call Bespoke Estate Law. We've helped hundreds of families with powers of attorney, wills, trusts, probate, and other legal services. We are happy to offer a free initial consultation to those seeking help. Give us a call or fill out our contact form to get in touch.
What is a Power of Attorney?
A power of attorney is a legal document that may authorize an individual to act on your behalf with regard to business matters, medical decisions, legal matters, and property and financial matters. To ensure its legal validity, a power of attorney must be notarized and registered in the county where the individual granting the power resides. There are numerous reasons to consider using a power of attorney, including:
Sudden Illness
Progressive Medical Conditions
Serious Accidents
Preventing Family Conflict
Ease of Creation
While an individual does not need to suffer from a medical condition or emergency to use a power of attorney, they are commonly used in such situations. The beauty of a power of attorney document lies in its flexibility, empowering you to customize it to your specific needs. It can grant someone various powers and decision-making authority on your behalf, placing you in control of your future.
Types of Power of Attorney
A power of attorney is a versatile document that can be tailored however you see fit. Understanding the different types of POA is vital for your future. Some common options include:
Financial Power of Attorney
This type of power of attorney allows a trusted individual to control critical financial decisions if you can no longer make them for yourself.
Medical Power of Attorney
This type of power of attorney, commonly incorporated with a living will, outlines the rights and responsibilities of an individual to make critical medical decisions for you.
Springing Power of Attorney
The powers included in a power of attorney document in South Carolina commence immediately once the document is executed correctly. However, many people opt to retain their sole decision-making power until they become incapacitated. In that case, the principal may use a springing power of attorney, where the powers will "spring" into effect once the principal becomes incapacitated.
Durable Power of Attorney
A durable power of attorney is not terminated once an individual becomes incapacitated. In South Carolina, all powers of attorney are durable unless otherwise stated.
A durable power of attorney is helpful for a variety of reasons. Whether your mental health is declining or you have suffered from a debilitating medical emergency, a durable power of attorney ensures that your and your family's financial affairs and business are taken care of. You would never leave your personal affairs unattended and left up to chance, so it's essential to have a safety net in place in the event you become incapacitated. Otherwise, you'd be left to rely on a court-appointed guardian or conservator to handle your family's affairs. That process can be prolonged and potentially costly.
How Can I Create a POA in South Carolina?
A few legal requirements must be met to ensure your power of attorney is legally adequate. First, the principal (the person granting the power) must sign the power of attorney document in the presence of two adult witnesses. After witnessing the signing, the witnesses must also sign the document to attest to what they saw. It's important to note that neither witness can be the designated agent (the person with the power to act on behalf of the principal).
The power of attorney must be notarized upon signing. In South Carolina, power of attorney documents are subject to the same formalities and requirements as a will. Once signed and witnessed, a power of attorney must be recorded in the county where the principal resides.
Lawyers For Power of Attorney and Other Estate Planning Needs
Don't let unexpected life events catch you unprepared. At Bespoke Estate Law, we understand customized estate planning in Myrtle Beach. Our knowledgeable attorneys have assisted hundreds of South Carolina families in creating durable powers of attorney, providing them security and peace of mind.
We will work closely with you to draft a document that reflects your unique circumstances and ensures your wishes are respected. We can meet at our office, your home, a hospital, or another location within a reasonable driving distance. Our goal is to make the process as seamless and stress-free as possible. We also help clients create wills in Myrtle Beach, establish trusts, and provide other legal services.
Don't leave your future to chance. Contact Bespoke Estate Law today to book your free consultation and discover how a power of attorney document can protect you and your loved ones in Myrtle Beach and throughout South Carolina.
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