What is a Power of Attorney, and why is it important for you to have one?
There are two main types of Powers of Attorney (POA), a POA for Personal Care and a POA for Property. A POA is a legal document which assigns another person the authority to manage your property or personal care (in cases where you might be unable to make health care decisions for yourself).
When a client is preparing their Last Will and Testament, it is also important to plan for the possibility of incapacity. It is especially important to plan for "worst case scenarios" such as illnesses or car accidents, which may leave you unable to make financial or personal care decisions for yourself.
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