By signing a power of attorney, you are giving the full authority to someone to act on your behalf and manage all your finances in the event that you lose the capacity to do it yourself. That said, you have to consider that it’s one of the biggest decisions you’ll ever make, and so, you have to pick someone whom you really trust. Aside from that, choosing a power of attorney is equally important. Here are the factors that you should consider when picking one. On the other hand, to learn more about the need of hiring a qualified attorney to handle your will or trust kindly click the link.
1. Years of Experience
When choosing a power of attorney, it’s very important that the one who’s going to handle your case already has years of experience and have handled similar matters. Although it may be affordable to hire someone who’s just new in this field, for a complex issue, you’d have better chances of getting a positive result if the one you’re going to hire clearly knows what he’s doing.
Since you’ll be paying for his time and skills, it’s important that the attorney you’re going to choose would be able to accept your case immediately. Likewise, he must be willing to devote the time needed for your case. This should be one of the essential factors to consider, especially if you think that you’ll be having a lot of interaction with your attorney.
3. Professional Fees and Additional Costs
Although this is rarely a deciding factor, especially if it’s just a simple case and wouldn’t take a lot of time, when it comes to choosing a power of attorney, it’s very important that the cost would be something you’re comfortable with. Keep in mind, disputes over fees are usually the most common issues that happen between the unsatisfied client and the attorney. Thus, before you even let him handle your case, make sure that you are fully away of his professional fees and you believe that it’s understandable.
4. Comfort Level
When choosing a power of attorney, it’s important to choose him because you believe that he has the expertise needed to handle your case. It shouldn’t be just because you and he share a common interest or you’re impressed by the firm’s reputation. Although this would be ideal as you’ll be comfortable talking with him, it would be better if the attorney you’re going to hire really knows what he’s doing. Trust is also important. Will you be comfortable telling him private matters related to your case? Do you have the confidence that he won’t be sharing this with others? If the answer is yes, then you won’t have to deal with a lot of problems with him.
5. Ideally, He Should be Financially Responsible
Financially responsible doesn’t mean that he’s an expert in financial matters. However, it’s important that he recognized the actions necessary and be diligent in meeting deadlines. You have to feel at ease knowing that he’d be able to follow your instructions the way you want him to.