Today we are going to talk about what a power of attorney is and how it can help you. A durable power of attorney allows someone else to act in your place as to financial matters when you're not available or incapacitated. Another type of power of attorney is a medical power of attorney which appoints someone to make medical decisions for you. A person who appoints a power of attorney can include restrictions. With a financial power of attorney in place, you have the peace of mind to know that in the event you become disabled or incapacitated, your financial matters can be managed immediately by the person of your choice.
As to a medical power of an attorney, it allows someone to act on your behalf only if your attending physician certifies in writing that you are incapacitated and unable to make decisions. A medical power of attorney can also document your wishes with regard to medical treatment, such as whether extraordinary measures should be taken to prolong life, whether there should be resuscitation, whether there should be a feeding tube, and whether comfort medications should be administered.
Powers of attorney are important documents to have in place to give your loved ones the authority needed to manage your finances and make important medical decisions on your behalf.
Information provided by Julie Gafkay of Gafkay Law.