Tag Archives: Power of Attorney

Difference Between an Advanced Health Care Directive and a Power of Attorney

Estate planning is extremely important, but it can get quite complicated since there are so many different terms and concepts to understand. Many people get confused about the difference between a power of attorney and an advance care directive. This is because, at first glance, these two estate planning tools seem like they offer the same exact benefits, but this is not necessarily the case. If you are in the process of creating and organizing your estate plans and you have come across these two estate plan documents, you should know the difference between the two, so you can make…

What Are Durable Powers of Attorney?

When someone suffers a severe accident that results in a person being unable to make any medical or financial decisions regarding their care, family members may find themselves making tough decisions for their loved ones well-being. In these situations, having a person with power of attorney could help in managing the person’s medical and financial needs by a trusted party. A person with power of attorney could help families during extremely challenging times. However, what does it really mean to have a power of attorney and what powers does that person have? A power of attorney is a document that…