Sunday , September 27 2020

Top Reasons Why You Should Implement a ‘Preemptive’ Power of Attorney

Top Reasons Why You Should Implement  a ‘Preemptive’ Power of Attorney When you or a loved one is aging, it’s essential to implement a power of attorney (POA) while someone is capable and competent of signing paperwork and evaluating needs. Too often families wait until their parent or spouse is unable to make sound judgments, and then it can be a costly process to navigate through the court systems to gain control of assets and to make important financial and health-related decisions.
It’s not uncommon that one needs a live-in nurse to help with daily tasks that are now impossible due to cognitive and degenerative conditions (Alzheimer’s, Parkinson’s disease, etc.) or debilitating disorders (cancers, coma, on life-support, etc.). When there is no power of attorney in place to make those decisions legally, it can turn into a lengthy process with negative outcomes.
In Florida, the state no longer recognizes springing POAs (that “springs” into effect when one becomes incapacitated), unless the paperwork was signed before 2011. Instead, the State now requires a permanent POA that goes into effect at the moment of signing If you or a loved one are being proactive about your estate planning or medical interests, it’s critical to speak to an attorney to help guide you through the process and make the appropriate decisions that are specific to your situation.
Estate Planning
Estate planning services available through The Law Offices of Daniel Waldman include the drafting of wills, trusts, living wills, and powers of attorney among other documents. They customize the documents to match the needs of the clients, provide for their children, dependents and intended beneficiaries, and reduce the impact of estate taxes.
Daniel Waldman
Founding Partner
Daniel Waldman graduated from Harvard Law School. While in law school, Daniel volunteered in a legal clinic where he helped veterans and underprivileged members of society in family law and estate planning matters. Daniel also graduated summa cum laude from UCLA, having majored in Political Science with a concentration on international relations.
Before attending UCLA, Daniel was a staff sergeant in the Israeli Defense Force.
As an attorney, Daniel practiced at Cadwalader, Wickersham & Taft LLP and Katten Muchin Rosenman LLP, focusing mostly on corporate income tax and large-scale securitization taxation issues and dedicating most of his pro bono hours serving veterans and veteran-related charities in their legal needs.
At The Law Offices of Daniel Waldman, they are a new kind of law firm for a changing world. They are consistent, patient and professional, giving each new client the attention it deserves. An integral part of our services is to work closely with their clients so that they can make the right decisions with respect to their legal needs.
Their experienced and innovative lawyers bring a whole universe of experience and knowledge to each case. They understand that the world is constantly changing, and you may be confronted by a confusing array of regulations, questions, and occasional disputes. Check out our areas of expertise and call us with your legal questions today. They have English and Hebrew speaking attorneys on staff.
The Law Offices of Daniel Waldman
3210 Cove Bend Drive, Tampa, Florida 33613
(813) 756-7776

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