Advance Directives
Durable Power Of Attorney
Introduction
A Trusted Person
A Durable Power of Attorney is a legal instrument that allows a trusted person to manage your personal, financial, and legal affairs if you become unable to do so yourself.
This person often understands and reflects your personal and spiritual values and is empowered to make corresponding decisions that carry out your wishes if you become incapacitated.
Overview
When & What
A Durable Power of Attorney generally takes effect only if you are unable to make your own medical decisions, as determined by your attending physician. In the event of incapacity, your trusted agent can step in and manage a broad range of tasks on your behalf, including:
Financial Authority
- Pay bills and manage everyday financial obligations
- Manage investments and other financial accounts
- File state and federal tax returns
- Make financial and business decisions
- Buy, sell, or mortgage real estate
- Liquidate assets when necessary
- Enter into legally binding contracts
- Handle additional financial matters as outlined
Healthcare Authority
- Make healthcare decisions
- Make end-of-life decisions
- Communicate clearly with doctors and family members
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