Stress-Free Estate Planning = Conflict-Free Trust Administration

Power of Attorney for Asset Management

Discuss Your Estate Plan with Our Los Angeles Power of Attorney Lawyer

Your power of attorney allows your named agent to make financial decisions about matters that the trust does not control in the event you become incapacitated. Examples of such matters include retirement plans, Social Security benefits, Medicare/medical, dealings with the IRS (such as the signing of your tax returns), your accounts which are not titled in your trust, performance on your individual contracts, and any other matter not controlled by the trust.

You may designate that this document becomes effective immediately as to your chosen agent, or you may designate that this document becomes effective only upon your incapacity. A person is considered “incapacitated” if that person is under a legal disability or by reason of illness or mental or physical disability on account of which he or she is unable to give prompt and intelligent consideration to financial and administrative matters or make sound decisions about financial affairs. A determination of incapacity is generally made by either (1.) two licensed physicians who certify in writing that such person is under a legal disability, or (2.) by an order of a court appointing a conservator for that person.

Contact our Los Angeles power of attorney lawyer at the Law Offices of Maria N. Jonsson, PC for a free consultation today. Call (310) 935-0706 to get started.

What You Need in Addition to Powers of Attorney

A health care directive is a document in which you appoint an agent who is authorized to make medical decisions for you and represent your wishes regarding long-term care.

These decisions and wishes may include:

  • Your intent to remain or return home after a facility/hospital stay
  • Medical decisions if you are incapacitated, unconscious, or medicated
  • End-of-life decisions
  • Organ donation

A HIPAA release authority is a document giving your medical agent the express permission to obtain your medical records (so that they can make an intelligent and informed decision about authorizing medical treatment for you) and releases the holder of such records from liability under the federal medical records privacy laws (the HIPAA act).

A durable power of attorney for financial management is a document in which you appoint another person as your agent to legally represent you and sign/act instead of you if you are incapacitated or unable to be physically present at a location where a transaction requiring your signature takes place.

Although your financial power of attorney “endures” your incapacity, this document dies with you: it is no longer effective after your death.

How We Can Help

With more than 15 years of legal experience, Attorney Maria Jonsson understands the many intricacies involved in estate planning. Our firm is prepared to help you navigate the process, providing personalized legal counsel and innovative solutions tailored to your needs and your particular family dynamics. If you’d like to discuss your estate plan, including health care directives and powers of attorney, with a Los Angeles powers of attorney lawyer, contact the Law Offices of Maria N. Jonsson, PC today.

Call our office at (310) 935-0706 or contact us online for a complimentary consultation.

  • We Work as Part of
    a Larger Team

    We work with out client’s financial planner, CPA, realtor & insurance broker to implement a well-rounded and thorough legal plan for wealth preservation & inheritance transfer.

  • Strategic Planning &
    Attention to Detail

    We carefully look at each factor that affects the execution of an estate plan – from the perspective of minimizing and eliminating reassessment of property taxes to avoiding post-death conflicts.

  • Mediator by Training & Peacemaker by Heart

    We believe that an estate plan should leave behind not only property, but most importantly – harmony, rather than tear families apart with poorly drafted or ambiguous and confusing term