No matter what the condition of your current health is, a Power of Attorney (POA) allows you to rest assured that your wishes will be carried out should you be incapacitated later. Age is not a factor. Once we reach adulthood, each of us has the right to choose who will make the decisions for us if the need arises. As we grow older, the likelihood increases that we will need someone to do this for us at some point.
Types Of Power Of Attorney
There are different types of Power of Attorney appointed for different reasons. Some are only for a specified amount of time. Others withstand life and death. Click on the following link for good definitions for each: What Is Power of Attorney?
- Durable POA – This lasts only until the grantor (you) dies, unless otherwise stated.
- Health Care POA – This is usually to make decisions up to and including life support.
There are other types of Power of Attorney, but be careful if you decide to download a “standard” form and do this on your own without the help of an attorney. Ensuring that your Power of Attorney will be permissible in a court of law, should that be necessary, warrants having a lawyer write it for you. While you’re at it, take a few more minutes to give them your personal Advanced Directives. This can be handwritten or dictated. It is just a list of things you would like or the way you would like to be treated when and if you are ever incapacitated and cannot speak for yourself.
Believe it or not, this is a gift to those who love you. They will most likely be distraught and confused when the time comes to execute your wishes. It is an opportunity for you to thank them in advance while seeing to your own wishes later.
Do you have Power of Attorney set up to help those who love you see to your wishes later? Presto Real Estate Services can guide you through setup. Call (630) 336-1820 or write email@example.com today. We will answer any questions you may have about POA.