Cincinnati Power Of Attorney Lawyer

Cincinnati Power of Attorney Attorney

Planning for your future means finding someone you can trust to make decisions on your behalf when you can no longer make them. This doesn’t mean you’re relinquishing your right to choose. It means you’re transferring it on your own terms. Understanding how power of attorney works in Cincinnati is crucial when creating an estate plan that protects your wishes, your rights, and your loved ones. A Cincinnati power of attorney lawyer can guide you through the process.

Your Cincinnati Power of Attorney Lawyers

When you hire a power of attorney lawyer from Hoberg Law, you can expect a compassionate professional who can help you better understand how to create an estate plan that protects your rights and your future. Hoberg Law prides itself on preparation, planning, and protection for our clients. Our understanding of Ohio estate planning laws and powers of attorney helps us support our clients as they make important decisions regarding their futures.​

What Is a Power of Attorney in Ohio?​

In Ohio, a power of attorney is a legal document that grants someone of your choosing the power to make decisions on your behalf. When you create this document, you will be known as the principal, and the individual you choose to make decisions for you will be known as the agent. You may create this document if you’re ill, injured, traveling, short on time, or simply want to be proactive.​

What Are the Different Types of Power of Attorney in Ohio?​

Since various circumstances can affect a person’s ability to make sound decisions, a power of attorney can take many forms. Some of the most common include:​

• General power of attorney. This broad option can grant decision-making authority over finances, property management, or legal matters. It’s often a short-term agreement.
• Durable power of attorney. While a power of attorney doesn’t require you to relinquish the right to make decisions for yourself, a durable power of attorney allows your assigned agent to continue making decisions even if you lose the ability. This is valuable for older individuals or those who suffer from or are at risk for debilitating illnesses.
• Medical power of attorney. This option allows someone to make medical decisions for you, covering procedures and treatments as well as end-of-life care and arrangements.
• Financial power of attorney. Based around money matters, this option allows you to delegate authority for bill paying, taxes, investments, and buying/selling real estate.
• Springing power of attorney. Unlike other agreements where decision-making authority is in effect immediately, this one allows the agent to “spring” into action when certain terms are met, such as when a person becomes incapacitated or otherwise unavailable.

It’s crucial to hire an estate planning lawyer who understands Cincinnati power of attorney laws, and who is committed to understanding your needs as it pertains to the agreement and its legal impact.

The Importance of a Power of Attorney in Ohio​

Some people think that as long as they trust a person, they do not need to craft a legal agreement. But in moments of uncertainty, a person can overstep boundaries or underperform without clear terms set beforehand. Institutions like banks and caregiving facilities also require legal authority for one person to act on another’s behalf, making it crucial that whoever you appoint as your agent is trustworthy and makes decisions that benefit you and your loved ones.

It is estimated that about 43% of Americans over the age of 55 worry that they lack someone to look out for their interests as they age. Creating a power of attorney is a powerful step toward a peaceful, orderly future, even in the face of uncertain circumstances.

Hire a Cincinnati Power of Attorney Lawyer From Hoberg Law

​At Hoberg Law, you can find a team that prides itself on being compassionate problem solvers. We can help you understand your options during the estate planning process and assist you in creating valid legal documents, such as a power of attorney. Our comprehensive knowledge of local Ohio laws and estate planning allows us to help our clients create plans that make them feel comfortable and confident about their future.

​FAQs​ About Cincinnati, OH Power of Attorney Laws

Is a Power of Attorney the Same as a Will in Ohio?​

No, a power of attorney is not the same as a will. A will specifies how a deceased person’s estate and end-of-life arrangements will be managed. A power of attorney allows someone else to make decisions for you while you are still alive, but unable or unavailable to make those decisions yourself. Both documents can be part of an estate plan, but their functions are different.​

How Is a Power of Attorney Impacted by Privacy Legislation in Ohio?​

Power of attorney can be written to allow for decision-making by agents in line with applicable privacy laws. Given the complex guidelines guarding a person’s financial or health information, for example, an agreement can be crafted that allows legal authority for an agent to act on behalf of a principal and be compliant with the law in the process.

​How Much Does It Cost to Create a Power of Attorney in Ohio?

​The cost of creating a power of attorney in Ohio can vary depending on several factors. These factors include the law firm you choose, the amount of property involved, and/or the nature of matters being dictated. You should contact a legal professional for more information about the cost of creating a power of attorney in your unique situation.​

Can a Power of Attorney Be Changed in Ohio?​

Yes, a power of attorney can be changed, altered, revised, or revoked in Ohio, so long as the principal is mentally competent. It’s common for people to change a power of attorney as their medical, financial, or life circumstances change. If you’re looking to update or change your power of attorney in Ohio, it’s important that you do so with help from a lawyer to ensure your changes are legally valid.​

Contact a Cincinnati Power of Attorney Lawyer at Hoberg Law Today​

Whether it’s a medical issue, the reality of aging, or a full schedule, many issues require help from a power of attorney. The trusted professionals at Hoberg Law value the chance to help Cincinnati residents with this crucial matter. By combining in-depth legal knowledge with a compassionate, empathetic approach, our firm can help you plan for challenging circumstances in the present or the future.

​Contact us today to schedule a consultation and learn more about our services.