If you become sick or disabled, either temporarily or permanently, who will make decisions for you?
A Health Care Power of Attorney allows you to appoint someone you trust to handle your medical decisions and affairs if you cannot do so. This is also known as the “God Power” in that this person could ultimately have the say in whether you live or die. You want to make sure your wishes are clear and that the person you give this power to, has the fortitude to carry out those wishes.
- A Financial Power of Attorney allows someone you trust to manage your financial affairs if you are unable to do so. This can be limited, and you can direct what they are to use your finances for, such as for you and your care or for your spouse or dependent children.
- If you cannot pay bills, get records or make other decisions, your family will be prevented from helping you get treatment, pay doctors, deal with Medicare, pay your rent or mortgage, and other regular bills.
Without a Power of Attorney, your family may have to file a Petition, possibly on an emergency basis, seeking a guardianship or conservatorship. This process involves the Court, several lawyers, and usually at least $4,000 to $50,000. A Power of Attorney will cost a fraction of this. It is important that you give your family the tools to help you if you cannot help yourself.
Contact The Cronin Law Firm at 248-258-3500 or visit our website: www.callcroninlaw.com today.