Assigning a trusted relative or friend to make decisions on your behalf in the event of your incapacitation is arguably the most important of all legal documents
Power of Attorney allows you to authorize a designated individual to stand in your place and make decisions on your behalf should you become incapacitated in any way. A Durable Power of Attorney (DPA) allows you the peace of mind to know that someone you trust will make decisions for you in the event you become incapacitated in some way. A DPA for your finances can be set-up to allow you to name a trusted individual to manage your financial assets if you become incapacitated, and a DPA for medical issues enables a trusted individual to make health care decisions for you if you are no longer able to make those decisions yourself. Both types of DPAs are effective immediately and in place until revoked or upon your death.
The difference between a Power of Attorney and a Durable Power of Attorney is that a Power of Attorney can be used to grant another person the authority to make financial transactions, sign legal documents, or make health care decisions that the individual cannot do for some reason. With a few exceptions, a Power of Attorney grants an individual the right to perform any legal work that the person could do themselves. A Durable Power of Attorney does all those things but is made durable until it is either revoked or nullified upon death.
How We Can Help
Baxter Legal Services is available to create a valid DPA that will give you peace of mind in knowing that your financial and medical needs will be taken care of responsibly in the event that you become incapacitated in any way. Call us today to set-up an appointment to discuss your DPA needs.