Establishing a Durable Power of Attorney
Protect Yourself During Your Time of Need
In the event that you are deemed medically incapable of managing your finances
or of making health care decisions for yourself, the individual you appoint
as your power of attorney is able to protect you by making those decisions
for you. When you designate a power of attorney, you give them the legal
right to manage some of the most important aspects of your life. But when
you are incapacitated or should you pass away, the power of attorney would
essentially end. With a durable power of attorney, the individual you
designate as your agent can still act on your behalf even when you are
incapacitated. This important difference makes a durable power of attorney
an indispensable element of estate planning.
to consider when deciding to grant someone durable power of attorney:
- Whether or not you are incapacitated, your durable power of attorney is
able to make decisions on your behalf. This means that, even if you are
of completely sound mind and body, that person can affect your estate.
- Choose someone that you implicitly trust to use the durable power of attorney
appropriately, given that they are able to make decisions that may go
against your wishes.
- Be specific when naming someone as your durable power of attorney. You
are able to specify a time at which the power of attorney goes into effect;
for example, if you go into a coma, or are otherwise incapacitated.
If you do not name someone as power of attorney for either your finances
or your healthcare, you run the risk of encountering a situation in which
your family members cannot make important decisions for you, if you are
unable to make those decisions yourself. Maintain control over how you
are cared for by naming someone you trust to act on your behalf. Whether
it is request treatments or deciding on medical procedures, this person
should act in your best interests.
Customized Planning with a Springfield Estate Lawyer
Meet with one of our estate planning attorneys in Springfield for advice
on how to choose an agent, who you should appoint, and how to make sure
your wishes are respected in the event that you cannot communicate your
Consultations can be scheduled with Worsham Law Firm by
calling (471) 658-4172.