A power of attorney (POA) is a legal document that grants someone you trust the authority to make financial or medical decisions on your behalf. This can be essential in situations where you become incapacitated or are unable to manage your affairs due to illness, injury, or absence. A POA ensures that critical financial, legal, and healthcare decisions are handled smoothly, preventing unnecessary delays and complications.
There are different types of POAs depending on your needs, including general, financial, and healthcare POAs. A durable power of attorney remains in effect even if you become incapacitated, offering long-term protection. By designating a trusted individual to act in your best interest, you ensure that your personal and financial matters are properly managed, giving you and your family peace of mind.
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