When it comes to estate planning, a durable power of attorney (DPOA) is one of the most crucial documents you can have in place. It grants someone you trust—the agent—the authority to manage your financial, legal, and healthcare affairs should you become incapacitated or unable to do so yourself.

A DPOA does not give the agent carte blanche to handle your affairs whenever they choose. Instead, it is designed to take effect only under certain circumstances, such as when you are incapacitated, and specifically outlines the powers your agent has. For instance, they can help with managing your finances, paying bills, or making healthcare decisions, but only as allowed by the document and in your best interest.

In the event that you are temporarily unable to manage your affairs—whether due to illness, accident, or any other reason—it’s critical to have a trusted person step in to manage things for you. Without a durable power of attorney, a court-appointed guardian may be required, which can be time-consuming, expensive, and less personal.

At Gibbons | Neuman, our experienced Elder Law attorneys not only handle estate planning matters but also ensure that your durable power of attorney is tailored to your specific needs. We take the extra step of considering your long-term care planning needs, giving you peace of mind that you’re covered no matter what the future holds.

Don’t wait until it’s too late—contact us today to create or review your estate planning documents, including your durable power of attorney. Protect your future, and make sure that someone you trust can step in when you need it most.