Power Of Attorney Services In Loudon

Planning for the unexpected can shield you and your loved ones from unnecessary hardship. At Plemmons Law Group, PLLC, our lead attorney, Loren Plemmons, has over 40 years of experience. This deep well of knowledge can help East Tennessee residents establish powers of attorney that ensure trusted individuals can act on their behalf when needed.

Financial And Health Care Powers Of Attorney Explained

Powers of attorney are estate planning tools that allow someone you trust to make decisions when you cannot. Tennessee law recognizes two primary types:

• Financial power of attorney: Designates an agent to manage your assets, pay bills and handle financial decisions
• Health care power of attorney: Appoints an agent to make medical treatment decisions when you cannot communicate your wishes

Tennessee’s advance care plan functions as a living will. This allows you to document end-of-life care preferences. A durable power of attorney remains effective even after you become incapacitated.

Some powers of attorney become effective upon signing. Meanwhile, springing powers of attorney only activate when incapacitation occurs. Your agent has great responsibility and must act in your best interests per the authority you grant.

Preventing Conservatorship Through Proper Planning

Without properly executed powers of attorney, courts must appoint a conservator or guardian through expensive and emotionally draining proceedings. This process requires legal filings, court hearings and ongoing supervision that proper planning avoids.

Appointing an agent through a power of attorney ensures your choices are honored and prevents family disputes. Your designated agent can act right away without court intervention, maintaining your privacy and reducing costs significantly. Powers of attorney work alongside wills and trusts to create a well-crafted estate plan.

Can You Appoint More Than One Person To Act As Your Agent?

Most clients appoint one primary agent with alternate successors named in case the first agent becomes unavailable or unwilling to serve. Although Tennessee law allows you to appoint co-agents who must act together on decisions, this “team” designation is often at best cumbersome and at worst rejected by the very financial institutions or health care facilities you need.

Take Control Of Your Future Today

Attorney Loren Plemmons, together with our entire staff, has spent decades helping families throughout Loudon, Monroe, Blount, Roane and McMinn Counties prepare for life’s uncertainties through estate planning.

Give us a call at 865-424-4379 or use this form to discuss how powers of attorney fit into your estate plan.