We continue to receive lots of questions from elder health care professionals and members of the community about powers of attorney, guardianship, and conservatorship. A power of attorney is a legal document in which one person (the principal) authorizes another (the agent or attorney-in-fact) to act on the person’s behalf. There are financial powers which allow your agent to make decisions for you regarding financial matters, and healthcare powers of attorney which allow your agent to make decisions for you regarding your healthcare needs. Your […]
Tag Archives: durable power of attorney
Durable Powers of Attorney
What is a durable general power of attorney? A durable general power of attorney is a legal document where one person (the principal) authorizes another (the agent) to act on the principal’s behalf regarding financial decisions. It is an estate planning document which allows a person to plan for care and control of property in the event he or she becomes incapacitated. Powers of attorney are the single most important documents to put in place so that a family member or trusted friend will have […]