What Is a Power of Attorney?
If you were unable to make your own decisions because of an injury or a debilitating illness, then who would make them for you? It’s a simple question, but far too many people walk into our office without an answer. Health is a fickle thing, and without a power of attorney in place, then the courts would determine who should make those decisions.
So you may be asking yourself, “What’s power of attorney?” In simple terms, a power of attorney is a document that transfers the responsibility to make decisions on your behalf to another person if you cannot do so yourself. Whether you’re temporarily unconscious or have a serious cognitive disorder, this person would pay your bills, check your mail, and talk to your doctors.
Power of Attorney Types in Ohio
In the state of Ohio, there are two primary powers of attorney that could help you in the future:
- Power of Attorney for healthcare
- Power of Attorney for finances.
The Ohio Healthcare Power of Attorney designates a person to access your medical records, talk with your doctor, make healthcare decisions, and choose where you are treated. A Durable Financial Power of Attorney, on the other hand, gives an individual the ability to access your financial accounts, pay your bills, check your mail, and handle any business dealings for you.
Are They Essential?
Having a power of attorney is essential for everyone, and not just for you but for your family as well. Your loved ones need your guidance to determine who should make these important decisions. After all, it’s your prerogative so you should have a final say in these matters, not the courts.
If you need to assign someone to be your power of attorney, start planning today before it’s too late. Please contact us or give us a call at (877) 912-3464 and we’ll help you get started.