A power of attorney is a legal document that assigns someone the legal right to act on your behalf should you be no longer capable of looking after matters on your own. It’s often referred to as a “POA”, and there are two basic types:
- Power of Attorney for Personal Care – Someone you assign to make decisions regarding your health care and personal life should you no longer be capable.
- Power of Attorney for Property – Someone you assign to make decisions about your financial matters.
Designating a Power of Attorney is a simple way to eliminate complications in the future. You must be mentally capable to create this document so it’s always best to undertake this while you are still legally allowed. Our lawyers have advised clients on many aspects for consideration in developing Powers of Attorney and would be pleased to work with you to ensure you are well informed on your options and that your wishes are properly documented, before it’s too late.