Powers of Attorney

Understand how financial and healthcare decision-making documents can help trusted people act when assistance or incapacity makes that necessary.

Financial authority

A financial power of attorney can authorize an agent to handle specified financial and property matters. The document should clearly identify the authority granted, when it begins, and any limits or special instructions.

Healthcare decisions

Healthcare decision-making documents can identify the person authorized to communicate with medical providers and make decisions when the patient cannot do so personally. These documents should coordinate with healthcare directives and provider records.

Choosing an agent

The agent should be trustworthy, organized, willing to serve, and capable of making decisions under pressure. Families often consider naming a successor in case the first person cannot act.

Review and storage

Signed documents should be stored securely but remain accessible when needed. Banks, healthcare providers, and family members may need copies or notice of the arrangement. Periodic review helps ensure the named people and instructions remain appropriate.