Do you worry about what would happen if you became unable to make decisions for yourself? Maybe you’ve heard of guardianship, where someone is appointed to make decisions for you, but there’s a better option: a power of attorney.
A power of attorney lets you choose someone you trust to make decisions for you if you can’t make them yourself. This can be for a short period of time, like when you’re traveling, or it can be long-term, like if you become ill or incapacitated.
The great thing about a power of attorney is that you get to choose who makes decisions for you, instead of leaving it up to a judge to decide. You can also limit the power you give to your agent, so they only make the decisions you want them to.
Another advantage of a power of attorney is that it’s often less expensive and less time-consuming than guardianship. Guardianship requires court involvement and ongoing oversight, which can be a burden for both you and your loved ones.
So, if you want peace of mind knowing that someone you trust can make decisions for you if you can’t, consider creating a power of attorney. It’s an easy and affordable way to plan for the unexpected.
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Jamison Bonds, VA Accredited Attorney
One of the many benefits of being an elder law attorney is getting to work with selfless clients who act not out of their own self interest, but out of a deep concern for the people they love. That’s why I love helping families enjoy peace of mind and protect their hard-earned assets.
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Over the course of nearly a decade, we’ve helped more than 1,200 of your neighbors with their estate planning and elder law needs. Now we can help you achieve the best possible outcomes for your family.