What Is a Power of Attorney?

Full Video Transcript

Navigating legal decisions can be challenging, especially when it comes to planning for the future. Have you heard about what a power of attorney document does? A power of attorney is a legal document that grants someone you trust the authority to make decisions on your behalf, typically for financial or health matters. It is an important part of almost any estate plan. It allows you to rest easy knowing that someone is looking out for your affairs. A power of attorney is critical if you’re unable to make decisions due to illness, incapacity, or absence. It ensures your affairs are handled according to your wishes. You can choose what your agent can do. They can handle health care decisions, such as speaking to your doctor on your behalf, they can handle financial matters like paying bills and selling real estate, or both. Selecting the right person as your agent is vital. Choose someone reliable and who understands your values and wishes. To explore more about a power of attorney designation as part of your estate plan, visit LawInfo.com.