A power of attorney lets someone you trust make decisions if you cannot. This essential document is a key part of planning for the unexpected.
Expert information to help you understand your rights and options
A power of attorney lets you designate someone to handle financial or healthcare decisions if you become incapacitated. Without one, your family may need costly guardianship proceedings. Learn POA types, choosing the right agent, and limitations on agent authority.
Durable POAs remain effective if you become incapacitated—critical for planning ahead. Non-durable POAs end upon incapacity. Most people need durable powers for estate planning purposes. Understand the difference, springing power options, and how to ensure your POA survives disability.
A financial POA grants authority over banking, investments, real estate, and other financial matters. Powers can be broad or limited to specific transactions. Learn when financial POA takes effect, agent responsibilities, third-party acceptance issues, and safeguards against abuse.
A healthcare POA (or healthcare proxy) designates who makes medical decisions when you cannot communicate your wishes. This is separate from a living will. Learn what decisions your agent can make, HIPAA authorization requirements, and coordinating with advance directives.