A practical introduction to understanding Powers of Attorney and when they may be essential.
Plan Ahead
Many people assume Power of Attorney is something to consider later in life. In reality, loss of capacity can occur unexpectedly through illness, accident, or sudden health events.Without a Power of Attorney in place, your family may need to apply through formal legal channels to manage your affairs — a process that can be costly, time-consuming, and stressful. Planning ahead provides clarity and control.
The different types of Power of Attorney and how they operate
When it may be appropriate to put one in place
What authority an appointed attorney can hold
Common misconceptions about capacity and decision-making
Practical steps to begin preparing your documentation