Protect Yourself And Your Family By Putting The Correct Permissions In Place
If you become incapacitated without the proper legal documentation enabling a friend or family member to act on your behalf, you can end up in legal limbo. This can force your family to fight to be able to take care of you appropriately and handle your day-to-day and financial affairs, as well as obtain your medical information and make important decisions for you. Instead, talk to a lawyer about setting up a power of attorney to protect everyone involved.
My name is William C. Wombacher, and I have been helping people in and around Peoria, Illinois, with estate planning concerns for more than 35 years. I know the problems families have when they are not allowed to manage their loved one’s lives after incapacitation and need to seek guardianship. I can help you and your family avoid this by drafting a power of attorney that suits your needs.
What Is A Power Of Attorney And How Can It Help Me?
A power of attorney (POA) gives a person whom you designate the ability to handle your legal, financial and medical affairs. Most people use two types of POAs.
- Health care powers of attorney — This allows your spouse or designated friend or family member to make medical decisions on your behalf. You can also specify end-of-life decisions, such as adding a do-not-resuscitate order, organ donation instructions and funeral arrangements. It also enables your designated person to obtain your medical records before or after your death.
- Property power of attorney — This can be referred to as a durable power of attorney. It gives your spouse, or designated friend or family member, the ability to pay your bills, manage your bank accounts, investments, business dealings and other financial obligations, as well as handle any other day-to-day concerns you may have.
I will sit down with you to customize your POA to your circumstances. I can include special provisions in these documents related to Medicaid planning, tax planning and gift planning, so your family has the ability to carry out your wishes regarding these things. My goal is to ensure that your family is able to care for you and manage your life if you are unable to do so yourself.