POWER OF ATTORNEY
you think of it, there may be worse things than dying. How
suddenly becoming so physically or mentally handicapped that
make decisions on your own or carry out everyday functions.
attacks and car accidents frequently leave people in that
horrible thought but one that has to be considered. Someone who
incapacitated and who hasn't left a valid Power of Attorney will
government step in to manage his or her assets. Of course the
be billed for this service.
simple solution to this is to have Powers of Attorney for
these documents, you entrust someone to act as your "Attorney."
"power" that you pass on may be limited to a single transaction
selling property in another jurisdiction. Or it may unlimited
attorney widespread discretion. Or something in between. It may
attorney to act as of that day or some future date or only if
many ways, an instant and permanent incapacity will create
hardship than death. And without Powers of Attorney, the family
wrestling with the government for control of the bank accounts,
insurance proceeds, etc.
Wills, all adults should execute Powers of Attorney lest a
of dying befall them.