Appointing a Durable Power of Attorney is arguably the most important piece of estate planning. Without this document, making any legal, healthcare or financial decisions would be next to impossible once that family member becomes incapacitated.
Durable Power of Attorney is a legal document in which a person appoints a trusted person to make legal and financial decisions for them should they become unable to do so.
Appointing someone to be your DPOA is a significant responsibility and should not be taken lightly. You should pick someone who is very knowledgeable in the powers you are allowing them to exercise on your behalf. They should be very detail oriented and include you in as much as possible. Most importantly, take the time to find a qualified attorney with experience in estate planning.
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