The Importance of Power of Attorney

Executing a Power of Attorney can be tricky when dealing with issues that come up unexpectedly such as sickness or injury. If the party is unable or incompetent to make the decision to activate the duties of a Power of Attorney, what options does that person have? Chances are, that person and his or her family will end up in the court system, and a judge will decide who is the best person to make those decisions. Often that third person is a stranger to the individual and his or her family. Additionally, the family itself will have to pay for the court proceedings along with the fees of the third-party guardian. This speaks to the importance of choosing a Power of Attorney now, while you are healthy and competent to execute your own wishes, rather than waiting until it is too late.