caring for a loved one often means taking on their transportation to appointments, managing their medication, completing household chores or helping them handle their daily activities. no one wants to think of a time when their parent or a loved one may need them to step in and make decisions for their care when they are unable. a power of attorney is a legal document that allows a principal to appoint an agent to act for them should they become incapacitated. the agent is expected to place the principal’s interests ahead of his or her own, which is why it is important for you and your loved one to pick a trusted individual. a general power of attorney arrangement is terminated when the principal becomes incapacitated, revokes the power of attorney or passes away.
this arrangement designates another person to act on the principal’s behalf and includes a durable clause that maintains the power of attorney after the principal becomes incapacitated. special or limited power of attorney. an example is a power of attorney that grants the agent authority to sell a home or other piece of real estate. in some states, a “springing” power of attorney is available and becomes effective when a specified event occurs such as when the principal becomes incapacitated. you and your loved one can get help with power of attorney questions by consulting an elder law attorney. our social community provides valuable information you look for when making healthcare decisions.
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