A Power of Attorney is a useful tool to have when you may bear faced with making important decisions but no longer possess the capacity to make them. Often times, people assume that family members will take responsibility for these decisions, but this is not always the case. In fact, having a Power of Attorney can alleviate any conflict between your loved ones when it comes time to make decisions on your behalf.
A Power of Attorney is a legal document that appoints a person or persons to be in charge of the decision making when you no longer have the capacity to do so. This document authorizes financial institutions, government, hospital and other bodies to permit the person appointed as Attorney to give instructions and to act on your behalf.
Handing over your decision making power is not an easy thing to do. Keep in mind that Powers of Attorney are NOT mandatory. You are not obliged to have one, and no one can make you sign a Power of Attorney if you do not consent to doing so.