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"Engaging the Evan Farr Law Firm to secure our family's financial future and estate planning needs has proven to be one of the most professionally productive and important business decisions of our lives. Gifted, knowledgeable, cutting-edge, Mr. Farr and his team of talented professionals led us to a place where we can rest assured that the work of a lifetime is protected in every way it can be. We highly recommend this team of professionals in making your choice for one of the most important decisions you absolutely must take."
-- Roland & Lillie R. (Washington, DC, Virginia & Delaware)

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Financial Powers of Attorney

You should almost always give a Durable General Power of Attorney as part of a complete estate plan. A General Financial Power of Attorney (always "durable" when used in connection with estate planning) authorizes your agent, called "Attorney in Fact," to act on your behalf and sign your name to financial and/or legal documents. The Financial Power of Attorney is an essential tool in the event that, due to age, illness, or injury, you are unable to carry on your legal and financial affairs. Having a Financial Power of Attorney will generally avoid the need to go through the time consuming, expensive, and publicly embarrassing process whereby someone has to go to court to have you declared mentally or physically incompetent and then one or more persons need to be appointed to serve as your legal guardian and/or conservator, which process is subject to ongoing court supervision. State laws vary regarding the use and acceptance of a power of attorney.