LOS ANGELES FINANCIAL POWERS OF ATTORNEY
What is a Financial Powers of Attorney?
A power of attorney is a legal document that provides a named party authorization to act or represent on behalf of another. A power of attorney can be created to give such authority for a single event or for long term legal and/or financial matters. In your overall estate plan, this document is there to protect you prior to your passing. A power of attorney will ensure that your financial affairs remain in order in case you lose the mental capacity to care for such matters on your own. This document will name a trusted party to take care of all your financial and legal needs if you have diminished mental capacity due to an accident, stroke, coma, Alzheimer’s, dementia, or any other reason. It is important to create this document while still in good mental health as full mental capacity This means the authorizing party much be fully aware and mentally present in the eyes of the law to fully understand what rights they are transferring is required to execute this document.
It is essential for all adults, not just the elderly, to have a power of attorney in place because an unexpected illness or accident can happen at any age. Our Los Angeles estate planning attorneys are eager to learn how they can assist you with a Financial Powers of Attorney as needed.
We service all areas of California. For more information on how to set up a power to attorney to assure you have a plan in place, set up your free consultation with Wajda Law Group today.
DO YOU NEED AN ESTATE PLANNING ATTORNEY?
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Nicholas M. Wajda came highly recommend by Legal Zoom. After talking to him regarding my situation, I knew I could trust him. He listened and had a caring tone in his voice. My situation is now settled and I couldn't have done it without Nicholas Wajda help. I Highly recommend him. Ps. You can always get him on the phone. Great service.
It took a while to decide to file for bankruptcy. First I had a bad experience with an attorney who was incompetent. Once I found Mr. Wajda I knew I was in good hands. He was very polite and professional from the first time I called him. By the way he answers all his calls himself and returns calls promptly. He made everything go smoothly and in no time I got a discharge of my debts. I recommend him highly. Thank you Nick.
The best!!!! Very smooth transition the best of it was I was able to make monthly payments till I had it paid to start my BK-Chap 7 and then sent reminders to me for a payment what ever I was able to afford that month that helped me out so much that I was able to do the BK now When I would send a email with a question I got a fast response I just got my discharge and I'm very thankful to Michael for his understanding and for letting this entire ordeal be so smooth I highly recommend this firm
ARE YOU READY TO TAKE CONTROL OF YOUR DEBT AND MOVE TOWARD FINANCIAL INDEPENDENCE?
CHAPTER 7 AND 13
Turning to the more common chapters of bankruptcy, Chapters 7 is by far the most common bankruptcy chapter. A Chapters 7, or “fresh start,” bankruptcy is appropriate for individuals in need of help because they cannot afford to pay back their debt.
Chapter 13 bankruptcy is the second most common chapter for individuals. Chapter 13 permits a debtor to repay his or her debts over a period of three to five years. Chapter 13 bankruptcy can also be used to save a vehicle or a home if a debtor has fallen behind on payments. In certain situations, a Chapter 13 bankruptcy can even eliminate the junior mortgages on a property.
Contact us and we will work with you to determine what is right for you.
ESTATE PLANNING ENSURES THAT YOU AND YOUR FAMILY ARE PROTECTED.
LET'S GET STARTED PREPARING FOR YOUR FUTURE
An essential step in protecting you and your family’s future is to create an all-encompassing estate plan. Here at Wajda Law Group, we have the knowledge and experience to create such protection for you. Although discussing an estate plan is something most people do not want to think about, proper protections are necessary in nearly all situations, and planning early can save you and your loved ones valuable time and money in the future.
IT MIGHT BE TIME FOR YOU TO GET HELP.
WHEN SHOULD YOU HIRE A FORECLOSURE ATTORNEY?
When it comes to foreclosure, hiring an attorney early in the process helps ensure that you have more options available to you than what might be available later in the foreclosure process. For example, the lawyer can help you work out a deal with the lender that will allow you to stay in the home, or, if necessary, fight the foreclosure in court. If you wait too long, however, it might be too late to stop the process.
