Why Do I Need a Financial Power of Attorney or an Advance Health Care Directive?
Hopefully, you will never become disabled. Young and old alike, however, face the risk of disabling illness. If you become disabled and cannot manage your finances or personal care, someone will have to do that for you.
Someone will have to make decisions. That person may not know your wishes and preferences and may not be the person you would have chosen. For example, a doctor might wind up making health care decisions; or the Court might appoint a guardian.
By preparing a Financial Power of Attorney and an Advance Health Care Directive you can make your wishes known should an unfortunate event occur. By preparing a financial power of attorney you can designate a person to handle your finances. An advance health care directive can describe what health care you want if you become unable to make decisions about these matters. It can also identify the person you want to be responsible for carrying out your wishes.