A power of attorney for an estate plan gives another person the authority to make decisions on your behalf if you are unable to make decisions for yourself.
There are several types of power of attorney including:
- A durable power of attorney
- A health care power of attorney.
A durable power of attorney will allow for the management of your financial plans. A health care power of attorney allows you to appoint someone to make medical decisions on your behalf. It is a good idea to discuss with a professional adviser and choose someone you trust to act in your best interest.
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