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Does Your Elderly Loved One Need a Power of Attorney?

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Does Your Elderly Loved One Need a Power of Attorney? Powered By Docstoc
					   Does Your Elderly Loved One Need a Power of Attorney?

If your elderly loved one does not have a power of attorney in place, it is a
good idea to discuss this option. A power of attorney can help to bring
peace of mind and allows your loved one to know that a trusted helper will
be there if he or she is ever unable to make important medical or financial
decisions. Learn more about the need for a power of attorney below.

Medical power of attorney
This is an important legal document that will name an agent who will be
responsible for making important medical decisions. This trusted helper
looks out for the best interest of your loved one and will make decisions
based on your loved one’s wishes.

It is also recommended that your loved one also has a living will. This will
be used to express your loved one’s personal health care preference not to be
hooked up to machines at the very end of life.

Financial power of attorney
This is an important legal document that will name an agent who will be
responsible for making financial decisions.          This trusted helper is
responsible for a variety of things such as handling daily expenses,
managing money, managing investment accounts and filing tax returns.
How to talk to your loved one
It is important to explain the above documents to your loved one. Take the
time to explain the benefits of having a power of attorney. It is beneficial to
let your loved one know that this is a great way for him or her to stay in
control.

If your loved one is not attracted to the idea of a power of attorney, do not
force it. All you can do is present the ideas to your loved one so that he or
she is able to make a decision.

If you have questions about creating a power of attorney for your elderly
loved one, consult with an experienced estate planning attorney.
Experienced estate planning attorneys Seattle WA of the Byrd Garrett PLLC
offers estate planning and business planning resources to residents of Seattle
WA. To learn more about these free resources, please visit
www.byrdgarrett.com today.

				
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Description: If your elderly loved one does not have a power of attorney in place, it is a good idea to discuss this option.