With a Power of Attorney for Healthcare, you can nominate a person to act on your behalf to make decisions based on your personal values and wishes if you are unable to make these decisions yourself.
As we have discussed in previous blogs, the Power of Attorney for Healthcare is one of the simplest and most effective estate planning tools.
Everyone understands that it is impossible to predict an accident or the onset of a serious illness. However, life can change in an instant and you may be left unable to make decisions about your health care.
Because your agent is given such extensive decision-making power over your health and well-being it is important to nominate someone you trust.
Many times, a thief or abuser will exert undue influence over an elderly person, coercing them into signing a new will or trust or changing the beneficiary designations or ownership title on some or all of their assets
Unfortunately, many people do not realize that their elderly loved one was the victim of financial exploitation until after the loved one’s death.