Yesterday, I posted a blog suggesting that folks need to use this time of semi-mandated, Coronavirus driven quarantine to make sure that you and your loved ones have their planning needs in order. I mentioned powers of attorney. There are two types of such documents that are important – medical power of attorney and durable power of attorney.
A medical power of attorney allows a designated person to make medical decisions for your or your loved ones. Of course we hope and pray for all that such a document will not ever have to be put in place, but given the potential long term medical consequences of this Corona outbreak, folks need to think seriously about having such a document in place. Many hospitals require that such a document be in place before someone is admitted.
A durable power of attorney lets the designated person handle the financial affairs for you or your loved one. That could be critical in the event of a long-term hospitalization or incapacitating illness.
Having these documents in place generally avoids the need for the appointment of a guardian by the Clerk of Court, which is an expensive and time-consuming process. The appointment of a guardian may also be delayed in this time of mandated continuances by the court system.
If you or your loved ones want to discuss such documents, please contact us. We will be happy to arrange a Skype or Facetime appointment if you are unable to come into our office.