Powers of Attorney
With a power of attorney you can appoint a trusted person to make financial or medical decisions on your behalf. You might want to do this if you know you will be unavailable when decisions will need to be made or if you just want to have a what-if plan in place. In the power of attorney document, you state what powers your “attorney-in-fact” or “agent” will have, when the powers should take effect, and when they should end. You can also name an alternate who will serve in case your first-choice cannot.
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