Power of Attorney
A power of attorney is a document that states who is legally allowed to make decisions if a person is no longer able to act on their own behalf. The document can allow the appointed person -- called an "agent" or "attorney-in-fact" -- to handle financial matters such as paying bills, signing checks, banking, management of a business or investments. There is more than one type of POA, including both financial and medical. Many people choose to limit the power of attorney, keeping major decisions for themselves as long as they're mentally competent.
Articles About Power Of Attorney
- Things You Can and Can't Do With Power of Attorney
Whether you’ve been named as someone else’s power of attorney (POA) or you’re looking to appoint one for yourself, it is crucial to know what responsibilities and limitations come with this designation.
- Adult Children Sue Caregiver and Get Unpleasant Surprise
When a group of adult children tried to sue their father's partner and caregiver, they received a shocking verdict. This cautionary tale exemplifies how misusing a power of attorney can have serious legal and financial consequences.
- How to Legally Force a Loved One to Move to a Senior Living Facility
What is a caregiver to do when a loved one is no longer safe living at home but refuses to consider moving to a long-term care community?
- When Is a Person Too Incapacitated to Sign a Will, Trust or POA?
It is crucial to engage in proper legal planning with family members while they are still of sound mind. An elder law attorney outlines competency criteria that must be met in order to obtain valid legal documents before a crisis strikes.
- When Family Members Feud Over Power of Attorney
Power of attorney forms are a crucial part of planning for future health care needs and financial decisions, but it is important to understand how these legal documents can be drafted and the effects they can have on family relationships.
- How much does a power of attorney cost?
Getting a durable power of attorney (DPOA or POA) sometimes costs nothing and can be done for free.
- Elder Law Terms and Legal Documents Defined
Familiarize yourself with the basic legal documents and forms that seniors and their caregivers use to create cohesive legal, financial and medical plans for the future.
- Long-Distance Caregiving: Planning for Your Parents' Future
One of the biggest challenges for long-distance caregivers is helping aging parents think about and plan for their future health care preferences. Here are some tips for caregivers to help them with advance care planning for their elderly mom or dad.
- Can a Caregiver Change a Loved One’s Power of Attorney?
Two common scenarios are when a caregiver no longer wishes to be POA and when a family member wants to challenge the legality of a POA’s actions. Changes are dependent on the principal’s competency, how the document is written and the desired outcome.
- How do you convince a sick elder that they need to get their legal affairs in order?
Many people, like your elderly aunt, are afraid to deal with wills, powers of attorney, etc. because they think it makes it more likely that something bad will happen to them.