Power of Attorney
Medical Power of Attorney
Estate planning is about taking care of the future: making sure that your family and loved ones are protected and that your assets are transferred in the manner you want them to be. But what about your health? What happens if you become incapacitated or are too ill to make decisions about your own medical care? By including a Medical Power of Attorney in your estate plan, you ensure that your own wishes are honored regarding the type of healthcare you want if you cannot make those decisions. Moreover, a well-crafted Medical Power of Attorney takes much of the …
What’s the Difference: Durable Power of Attorney vs. General Power of Attorney
Think for a moment about how many decisions you make daily. Sometimes we need help making those decisions. A general power of attorney provides a trusted friend, family member or professional with the authority to make those decisions on your behalf. However, a general power of attorney only operates while you are still coherent and mentally capable. It automatically expires upon incapacity or death. A durable power of attorney remains operational upon incapacity, although it expires upon death. Additionally, a durable power of attorney is needed to maintain your finances, home, and business while medically incapacitated, or when experiencing …
