IN West Jefferson Hills Spring 2019 | Página 3

INDUSTRY INSIGHT LEGAL INSIGHT SPONSORED CONTENT C O V E L L I L AW O F F I C E S , P. C . Spring into a Springing Power of Att orney W ith buds on the trees and fl owers starting to bloom, the spring season is a time of renewal and rebirth. Spring is not only a time to “spring clean” your landscaping at your home, but also a perfect time to take stock of your lifetime planning, tidy up your emergency plans, and consider a “Springing Power of Attorney.” “Just like nature springs into existence, a springing power of attorney becomes eff ective once a predefi ned set of circumstances are met,” said Joe Covelli of Covelli Law Offi ces. “The validity of a springing power of attorney must be determined by a third party in accordance with the terms of the document. A clearly written springing power is an instrument that can allow an individual to sidestep issues arising from subjective doctor reports, HIPAA laws, and pushback from fi nancial institutions.” Medical triggers in a springing power of attorney must be carefully crafted, to avoid delay and additional expense. Because a springing power of attorney is a conditional, “If-then” type of legal vehicle, it is perfect for people of all age groups to consider. According to Covelli, the practice is especially common among members of the armed forces. “The document can be limited in terms of duration, so someone in the military can have a springing power of attorney exist while they’re on active duty—and cease when they are no longer deployed,” he explained. “Young people and seniors also can benefi t because, unfortunately, young people can be involved in an accident, which may leave them incapacitated or in a coma, for example. Their incapacitation could be the Media Trib Total d oice Awar h Readers’ C orney” “Best Att trigger for their springing power of attorney. It’s not just for cases where an elderly loved one is suff ering from dementia or Alzheimers.” Once the springing power of attorney becomes eff ective, the grantee, or individual who was chosen by the now-incapacitated person, can immediately “spring” into action, and begin handling important fi nancial and healthcare decisions in real time. “Without a power of attorney in place, you’d be facing a lot of uncertainties, like whether the written report of a medical doctor would be suffi cient to allow a trusted grantee to act on your behalf. Third parties may or may not accept the circumstances, or there may be a delay in the determination of medical professionals necessary in order to eff ectuate a springing power of attorney,” Covelli said. “The person you want to make decisions for you could face roadblocks if your power of attorney isn’t in place. At the very least, they’d be losing a lot of time, when time could be most critical.” So this year, when you see the fi rst shoots starting to come up in your fl ower bed or buds on your trees, don’t just think spring — think springing power of attorney. Covelli Law Offi ces is able to help you understand all power of attorney issues, wills, and every other aspect of your estate planning. Everyone receives a free initial consultation. At your appointment, an experienced attorney will advise you as to what role he or she can play in your situation to help the most, and give you an up-front cost for services. For more information or to schedule your free initial consultation, call 412.653.5000. Covelli Law is located at 357 Regis Avenue (across from the Pleasant Hills-West Miffl in Post Offi ce). Joe Covelli has over 37 years of legal experience and is a “5 Star Professional Award” recipient. He is a member of the National Academy of Elder Law Attorneys, and he heads a team of attorneys with expertise in several areas of the law. For more information, call 412.653.5000, or visit www.covellilaw.com. FREE Consultation | Call Today! 412.653.5000 WEST JEFFERSON HILLS ❘ SPRING 2019 1