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Disability income planning – Powers of Attorney
Who will make decisions for you if a prolonged mental disability prevents you from doing so? A power of attorney lets you assign that responsibility to someone you trust, but without it, the courts will decide—so if you haven't set one up yet, now is the time to act while you're still capable.
Power of Attorney for Personal Care
A Power of Attorney for Personal Care, also known as a "living will," allows you to express your wishes regarding personal and healthcare decisions in the event you become incapacitated. It covers critical areas such as life support, pain management during terminal illness, and decisions about when life should be terminated. Without this document, delays in medical treatment may occur, and final decisions could be left to the courts.
Power of Attorney for Property
A Power of Attorney for Property gives a trusted person authority to manage your financial and legal affairs. It can be tailored to specific assets, made temporary or permanent, and may either grant full control immediately or only become effective under certain circumstances. This ensures that your financial matters are handled according to your wishes if you're unable to do so yourself.
