3 Important Reasons to Create a Durable Power of Attorney
Imagining a future where you are unable to make decisions for yourself can be scary. In the even that you are unable to voice your wishes, due to injury, illness, or a life-changing accident, your family and friends may be caught off-guard not knowing what you would have wanted. For this reason, it is in your best interest to create a durable power of attorney with an experienced San Jose estate planning attorney.
A durable power of attorney is a legal document which allows you to appoint one person to make decisions on your behalf, in the event that you are unable to do so. Durable powers of attorney are useful in that they can be created to nominate a person who is able to make both financial and medical decisions, if you should become incapacitated. There are several important reasons to make a durable power of attorney part of your estate plan including:
- Finances: In the event that you are unable to handle your financial matters, whether it be due to injury or illness, your power of attorney can step in and make sure your bills are paid and access your accounts.
- Health: If your health suddenly declines or you need emergency surgery following an accident, your power of attorney can be your medical liaison and relay your wishes regarding your healthcare to the hospital and medical staff.
- Trust: Planning for a time where you are unable to make your own decisions is terrifying, but by creating a durable power of attorney you can gain peace of mind knowing that someone you trust will be there to speak on your behalf.
Would you like to add a durable power of attorney to your estate plan? Contact us at Scire Law to request your free consultation today!