Power of Attorney
One of the most important documents to have in place is a Power of Attorney. Effective lifetime planning includes knowing who will take care of your healthcare and financial decisions when you can no longer care for yourself either due to an injury, illness, or mental incapacity. With a Power of Attorney, you can appoint someone you trust to handle these matters for you. That person is known as an attorney-in-fact or an agent. They are given the authority to handle decisions for you at your specific request. This authority to act on your behalf can take effect immediately or when you are determined to be incapacitated due to a mental or physical condition.
A Durable Power of Attorney gives you and your family peace of mind.
- Appoints someone to act on your behalf if you are unable to care for yourself.
- Allows you to state your end-of-life decisions.
- Gives your family members the ability to carry out your healthcare choices when you are incapacitated.
- Avoids costly conservatorship proceedings in probate court.
Not all occurrences are related to the elderly or end of life situations which is one of the reasons why some people put this off until it is too late.
Your Power of Attorney dictates what you want; otherwise, the state will decide for you. This leaves your family powerless to handle those matters for you.
It is so important to think about the unwanted circumstances that could happen and how you can prevent the worst case scenario from occurring.
If you don’t already have a Power of Attorney in place, give us a call today or sign up below to schedule a complimentary consultation.