Have you ever considered how it would impact you or your family if you became mentally incapacitated? If you can’t make decisions on your own, then who will make decisions on your behalf? Your estate plan can empower a loved one to gain access to your medical records, allow him or her to communicate with medical professionals on your behalf, and make medical decisions for you. The document within which these duties are conveyed is commonly referred to as a health care power of attorney.
In your estate plan, you can also entrust a person with the duty of transacting business for you regarding finances, real estate, and any other duty you wish to empower someone with. The document within which these duties are conveyed is commonly referred to as a power of attorney. Contact Phillips and McCrea today so that we can further educate you about the benefits of naming someone to transact business and make decisions for you, if you are unable to make those decisions for yourself.