![]() Medical: A medical power of attorney is responsible for carrying out the health care wishes you've outlined in your will if you're too ill to speak for yourself.The person you choose as your agent can have the following types of authority: Because the power of attorney is active once signed, this means that you must trust the person you name in this role. Once a power of attorney is signed in Florida, a representative could potentially receive the powers he or she has been granted at any time. However, Florida no longer recognizes what's called a “springing” power of attorney, which transfers power to your representative at a future date. You can also build a termination date or clause into the power of attorney itself. ![]() Under Florida law, you have the right to revoke or terminate a power of attorney at any time. ![]() Power of attorney documents are structured to allow a person to control the amount and duration of the authority that's given away. Understanding Types of Authority for Power of Attorney If your estate plan does not include a durable power of attorney and you become incapacitated, your family would have to go to court before they can legally make decisions for you. This person will be legally able to take care of important matters in your place, such as paying your medical bills, accessing your bank accounts, and managing your property. ![]() Your will doesn't take effect until after you die, so you must create an estate plan that includes a proviso for illness, failing health, dementia, or some other ailment that affects your ability to make decisions.Ī power of attorney is a legal document that allows someone you trust to make decisions on your behalf. It also provides for you in the event you're incapacitated. A good estate plan doesn’t just tell your family what will happen after your death. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |