July 4, 2014 by generationsprobate
Durable Power of Attorney
A financial power of attorney, also called a durable power of person, helps carry out your decisions regarding your estate even when you’re not capable of making decisions anymore, so you should never neglect this. In it, you are appointing an attorney in-fact to stand in for you as your agent in case you are incapacitated physically or mentally.
Advanced Health Care Directive
Another important designation that you need to choose is the person who will serve as your agent or representative, not with regards to your estate, but rather with your health care needs. You should also get a Health Insurance Portability and Accountability Act or HIPAA release, as it allows medical professionals to disclose everything about your condition to whomever you name as your health care agent.