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Choosing a power of attorney


There are many aspects to estate planning that are very important. Choosing a power of attorney is a very important and difficult decision. There are several factors that should go into choosing a power of attorney.

There can be a couple different ways a power of attorney can be used. First, the power of attorney can be appointed to make medical decisions and a power of attorney can be appointed to make financial decisions. A power of attorney designation has the legal responsibility to make important decisions in the event of a person's incapacitation. It is important to consider whether the appointed person is able to handle the specific power of attorney tasks that they would be given.

If it is a financial power of attorney, making sure the person is financially responsible can be important. In addition, the chosen power of attorney should have the integrity and personality that makes sense for making important decisions regarding their health or money matters. Conflict may arise and the appointed person needs to make decisions based on the person's best interest and not based swayed by their own interests.

A legal professional skilled in estate planning can help a person with their power of attorney needs. They have the experience necessary to direct what is important in creating a power of attorney and can advise their clients on how best to make these important decisions.

A power of attorney for financial or health care matters is an important part of an estate planning team. The decision of whom to choose can be difficult and there are several aspects to consider.

Source: greenbaypressgazette.com, "Choose wisely: Power of attorney and personal rep," Michael Maas, Dec. 28, 2015

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