Financial Powers of Attorney

What Is a Financial Power of Attorney?

A financial power of attorney document protects you while you are alive. If you were to lose capacity (generally Alzheimer’s, dementia, or being in a coma) and need someone to manage your money and other assets, your financial power of attorney handles this for you.

To give you peace of mind knowing if something were to happen to you that your assets would be managed by someone you trust, contact our firm.

What Happens If I Lose Capacity and Don’t Have a Financial Power of Attorney?

If you were to lose capacity and not have a financial power of attorney in place, your loved ones will have to go to a court hearing known as a conservatorship hearing. This hearing costs thousands of dollars and a judge who does not know you, does not know who you would personally trust, will appoint someone to manage your financial affairs. The judge could appoint an attorney who will charge you by the hour to handle this for you. An ounce of prevention is worth a ton of cure.

A similar situation occurs if you do not have a medical power of attorney in place. Fortunately, our team can guide you on how to put a full plan in place so you and your family can avoid court in multiple scenarios.

How Do I Put a Financial Power of Attorney in Place?

Contact our attorneys  to get peace of mind knowing your financial power of attorney is in place. You can easily make an appointment by simply calling (720) 513-2299.

What Clients Are Saying About Althaus Law

  • "Working with Kayla at Althaus Law was an outstanding experience. Kayla took the time to explain all of the necessary documents for the estate planning process and medical directives, all the while ..."
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  • "Kayla Seale is professional, knowledgeable, compassionate and friendly. It was an absolute pleasure working with her! No one likes to think about passing. There are so many critical and emotional ..."
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  • "My wife and I went to Althaus Law for Estate Planning. Andrew St. Pierre did an outstanding job for us, patiently answering all our questions, and helping us in a thorough and professional fashion. We ..."
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    Every detail was taken care of in a very professional and timely manner. I would highly recommend Althaus Law.

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  • Understanding
    The topic of estate planning can be difficult to discuss, especially since mortality is one of the main topics. At our compassionate law firm, we understand this and many of the other sensitive issues that arise when resolving estate planning concerns. You can rely on our experience to lead you through these complicated matters with an open and honest mind.
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    We love getting to know our clients and their families. It brings a smile to our faces to know that we help preserve what you have worked so hard to earn while being able to pass it on to your future generations.
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    Althaus Law prides itself on its dedication to the Colorado community. Not only do we volunteer more than 10 hours a month to local nonprofit organizations, but we also strive to be a completely green firm. Further, we donate a percentage of all profits to charities.
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    Estate planning and probate are all we do. We focus day in and day out on staying up to date on the latest estate planning and probate laws. At Althaus Law, we are constantly researching the newest techniques and strategies that can save our clients and their families money in the long run.

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