A power of attorney (POA) is a legal document that gives someone else the authority to make decisions on your behalf. This can include financial and legal decisions, as well as healthcare decisions. There are two types of POA: durable and non-durable. Durable POA remains in effect even if the person becomes incapacitated, while non-durable POA is only effective while the person is capable of making decisions.
Having a POA in place can provide peace of mind, knowing that someone you trust can make decisions on your behalf if you become unable to do so. Additionally, having a POA in place can help avoid potential legal issues or disputes if a decision needs to be made on your behalf and there is no one with legal authority to do so.
It is important to note that it's very important to choose someone you trust to act as your attorney-in-fact, as this person will have a lot of decision-making power on your behalf. It's also important to make sure that you understand the terms and limits of the power of attorney you are granting to them, and keep the document in a safe place.
Guenin Law can help you with this process.