The simple answer is yes! If you have an income or property of any description it’s a good idea to execute a durable Power of Attorney especially if you believe that health problems may make it impossible for you to handle your personal financial affairs in the future. Even if you have no impending health issues, you should still have a durable Power of Attorney in case you, because of an accident or sudden illness, ever become unable to make decisions for yourself.
Have you ever considered what would happen if:-
In both of these cases, a durable Power of Attorney would be of great assistance to you. During your period of incapacity, your agent would be in a position to manage the many practical and financial tasks that may arise. For example, bills will need to be paid, bank deposits will need to be made, and someone will need to handle insurance and benefits paperwork, …..etc.
Many other matters may need attention as well, ranging from handling property repairs and lettings to managing investments or even a small business. In most cases, a durable general Power of Attorney is the best way to take care of all these and other similar tasks.
In addition, by preparing a Power of Attorney now, you can ensure that a person of your choosing will manage your property, assets and affairs rather than a court appointed conservator.
Make Your Own Power of Attorney
Make Your Own Power of Attorney" includes all the necessary documents and step-by-step instructions you need to easily make a power of attorney to cover virtually any financial or medical situation!