A power of attorney is a flexible estate planning tool that allows you to choose someone who will handle all or part of your personal affairs, including making health care decisions. The person who signs and executes the power of attorney is known as the “principal.” The person authorized to act on behalf of the principal is the “agent” or “attorney-in-fact.” A durable power of attorney is a special kind of power of attorney that will remain in effect even if the principal becomes … [Read more...] about Should I have a durable power of attorney for health care?
Incapacity Planning
What are the Options for Taking Care of an Incapacitated Loved One?
When a loved one becomes unable to care for themselves without assistance, it can be a difficult and emotional time. There are a lot of important decisions that need to be made. If your loved one is still in good health, and you are considering a plan for the future in case they become incapacitated, then there are several options. However, if your loved one has already reached the point of incapacity, the options are fewer. What are the options if we anticipate incapacity in the … [Read more...] about What are the Options for Taking Care of an Incapacitated Loved One?
