A power of attorney can have many forms. They are designed to give your chosen agent the authority to make decisions on your behalf if you become incapacitated. Many people going through the estate planning process are reluctant to give someone else that much power, wondering how far the decision-making authority extends.
As Barrington estate planning attorneys with extensive experience, we may recommend designating trusted agents with powers of attorney, along with trusts, wills, and other tools, to ensure that your affairs are handled properly. We understand your concerns and will draft documents that clearly specify the agent’s scope of authority and protect your interests.
What Is a Durable Power of Attorney in Illinois?
Under the Illinois Power of Attorney Act, individuals have the right to name an agent to make certain decisions under certain circumstances. You may have multiple powers of attorney, granted to different agents for different purposes. Each can be limited and very specific or quite broad, depending on your wishes. By law, your agent is required to act in your best interests.