Having a Last Will & Testament in place is important, the cornerstone of most estate plans. But there are other documents which should be a part of your estate plan as well. A Last Will & Testament does not go into effect until after you pass away. What about when you need help in the here and now? One document which may help is a power of attorney document.
You can appoint an agent through a power of attorney document. Your agent will be able to act on your behalf if you are unable or unavailable to act for yourself. Your agent is a person that you choose.
Your agent can have broad or limited power and authority. You can limit the power by time, by subject matter, by dollar amount; it’s completely up to you. You can have peace of mind knowing that someone can speak up for you, and that they will be following your directions.