Powers of Attorney are an important part of a complete estate plan because they allow you to choose who can act on your behalf if you are unable to make decisions for yourself.

A Financial Power of Attorney allows you to name someone you trust to handle financial and legal matters for you. Depending on the document, this may include paying bills, managing bank accounts, handling property, signing documents, and taking care of other financial responsibilities.

A durable Financial Power of Attorney can remain effective if you become incapacitated, helping ensure someone you choose can step in without unnecessary delay.

A Healthcare Power of Attorney allows you to name someone you trust to make healthcare decisions for you if you are unable to communicate or make those decisions yourself.

This person may work with your healthcare providers, help make treatment decisions, and advocate for your wishes when you cannot speak for yourself.

Without properly prepared Powers of Attorney, family members may not automatically have the legal authority to manage your finances or make healthcare decisions on your behalf. In some situations, court involvement may be necessary to appoint someone to act for you.

Powers of Attorney help you stay in control by allowing you to decide in advance who you trust to make important decisions if the need ever arises.

At Setter Financial, Financial and Healthcare Powers of Attorney are provided at no cost as part of our estate-planning services.