What Does a Power of Attorney Do in Illinois?

Estate planning is not only about what happens after death.

 

It also protects you during life.

 

A power of attorney allows someone you trust to act on your behalf if you become unable to manage your affairs.

 

Illinois estate plans often include two important powers of attorney:

Financial Power of Attorney

 

This document allows someone to:

• Pay bills
• Access bank accounts
• Manage investments
• Handle real estate matters
• Make financial decisions

Healthcare Power of Attorney

 

This document allows someone to:

• Make medical decisions
• Speak with doctors
• Access medical information
• Carry out healthcare wishes

Without powers of attorney, loved ones may need court guardianship.

 

Guardianship proceedings can be expensive and time-consuming and PUBLIC.

 

A complete estate plan often includes powers of attorney to avoid uncertainty.

 

At JPR Law, LLC, we help Illinois clients create estate plans that include incapacity planning.

 

Schedule a virtual consultation to discuss powers of attorney in Illinois.