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What is the purpose of a power of attorney?

On Behalf of | Aug 2, 2019 | Power Of Attorney |

Many people have assigned a loved one to be their power of attorney to make medical and financial decisions on their behalf if it becomes necessary to do so. Making decisions for an incapacitated loved one can become complicated, so having a power of attorney can make the whole process much easier.

Filing documents, including a healthcare declaration, can be helpful when it comes to making decisions about your medical care if you are incapacitated. However, these documents cannot possibly cover every situation that arises. That’s why having a power of attorney for healthcare is essential. This person can make decisions not covered by your declaration, but will not be allowed to go against anything written in your declaration. Generally, they will have access to your medical records and be allowed to consent to or refuse medical treatments on your behalf, choose which doctors will treat you and which medical facilities you should visit and decide what will happen to your body after death. While you can limit the power of your power of attorney, you should make sure not to limit the power too much, as it would defeat the purpose of having a power of attorney in the first place.

A power of attorney for finances will be permitted to make decisions regarding your finances if you become incapacitated. This power will be given via a document and it will allow another person to pay your bills and taxes, manage your real estate assets, transfer and sell assets, make investments and collect retirement benefits. This person will be legally obligated to make decisions in your best interests, and you are allowed to limit their power.

Choosing a power of attorney can be a difficult decision. A probate attorney in the Monroeville area may be able to help you make this decision and ensure that all necessary documentation is in place.


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