by eespin | Estate Planning
There are three types of Power of Attorneys (POA) that you need to consider: Financial Power of Attorney, Medical Power of Attorney, and Durable Power of Attorney. Financial Power of Attorney A financial power of attorney lets you appoint a person to manage your...
by eespin | Estate Planning
As long as you are sound of mind, you can change your medical directive at any time. You can even cancel it entirely if you wish. Be sure to alert your family, health care providers, power of attorney, and anyone else you choose that you’ve made changes. Can medical...
by eespin | Estate Planning
The principal, or the person that the medical POA is assigned to, can terminate the arrangement at any time. Of course, if the principal is no longer sound of mind this will be taken into consideration by the court. People who can override the POA Other people can...
by eespin | Estate Planning
Medical directives are often mistaken for medical power of attorneys, but there is a difference. For example, if you were in a car accident, the directive would help the doctors determine if you should be kept on life support. In the same scenario, if you had an...
by eespin | Estate Planning
Like living wills, a medical or advance directive is where legal instructions and preferences for medical care are recorded. Written directives are made to guide the choices of caregivers and medical professionals in the event that you become seriously injured,...
by eespin | Estate Planning
The most important thing to consider when selecting a medical power of attorney is whether or not you trust the person. They should be competent and have your best interest in mind. Many people will select a family member or close friend to be their medical power of...
