Everyone should have a Power of Attorney. This will allow your own designated person to assist you in making financial decisions in the event that you are alive but unable to make decisions for yourself.

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A Power of Attorney permits a designated individual to assist you in certain financial affairs such as communicating with banks and creditors or selling assets at an unforeseen time when you may need it the most. Even though you may be married, without such document in place, it is possible that many professionals will not communicate with and assist your spouse in your hour of need.

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The consequences could be disastrous.

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The failure to have a simple but very important document of this nature properly in place could cripple the ability of your loved ones to tend to your frustration, time an legal expenses necessary to obtain court approval for such authority. 

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For a free consultation, call (732) 679-7000.