While we often focus on having a Power of Attorney in regards to aging, the fact is that a Power of Attorney is an assurance that you always have someone whose duty it is to act with your best interests in mind should you be unable to do so, regardless of your age.Â
Power of Attorney
Choosing your Medical Power of Attorney
If an accident or illness left you unable to provide the kind of input needed for your care, a durable Power of Attorney for Health Care (DPAHC) would allow you to give a health care agent as broad or as limited powers as you like. Â
Planning ahead-the power of attorney
Joseph Roy, a thin, dapper English ex-pat with a love for everything with a motor was the power of attorney for a long-time friend, May Rogers. May’s mind was still sharp as a tack but because of osteoporosis, her body could no longer safely make trips outside her home. Though they argued over everything from food to politics, it was Joseph that took May to emergency when she got the flu. It was Joseph that made sure May ate and it was Joseph that did all of May’s banking. Then two years ago, Joseph was diagnosed with bone cancer and a year later he died.Â
Your Power of Attorney
For most people, the durable power of attorney is the most important estate planning instrument available–even more useful than a will. A power of attorney allows a person you appoint — your “attorney-in-fact” — to act in your place for financial purposes when and if you ever become incapacitated. In that case, the person you … Read more
Importance of Power of Attorney
How can a Power of Attorney help keep you out of a nursing home? A Power of Attorney is more powerful that you think and a document that is not given much thought. To clarify, a power of attorney is a document that you sign to name a person of your choice, who you wish to … Read more