A power of attorney is a legal document that allows you to appoint another person to manage your affairs in the event you become incapacitated. There are different types of power of attorneys. Each type permits the person you appointed, known as the "attorney-in-fact," to exercise different degrees of control over your affairs. They may be able to control your finances, make decisions about your health, or both. Most people do not realize there are different variations of this designation.
Unexpected events such as a car accident or a work related injury can change your life in the blink of an eye. From minor injuries to life threatening medical complications, you should be proactive in ensuring that your family are taken care of in the event you become incapacitated. Two main legal tools most people [...]