Choosing a power of attorney is one of the most important decisions you will make when planning your estate. This is not something that should be done quickly or glazed over because you are putting your estate in someone else’s hands. This person will be making decisions on your behalf should you become incapacitated or when you pass away. Here are some tips for choosing your power of attorney.
The person you choose to be your power of attorney needs to be someone you trust with your life. This person will be making decisions on your behalf at some point down the road. You want them to do what is best for you, especially if you are still alive but are incapacitated. You also want to know that they will follow all of the instructions listed in your estate documents.
When looking for a power of attorney, it’s best to choose someone who is younger than you. This prevents you from having to change your will later in life if your first choice passes away before you. Many people choose an adult child, a friend or other family member who is younger.
Another important aspect to focus on during the selection process is the person’s comfort level with other professionals. The person you choose will need to sit in meetings with doctors, lawyers, court employees and other professionals. Make sure they are comfortable sitting in on these meetings and speaking with these professionals.
The power of attorney is one of the most important legal designations a person can receive. Trust, honesty and communication from the person you choose are all important traits. Make sure you follow the tips outlined here so you make the right choice.