John* had the upsetting realization that he was starting to forget things. It started out small, but now his son was beginning to notice. John and his son had a heart-to-heart talk and came up with a plan to talk to a lawyer about naming John's son his power of attorney. Assigning power of attorney to an agent can make it more convenient to handle financial matters and it prevents the need to have a court choose an agent for you if you become incapacitated - but you should only appoint an agent who you trust completely. The American Bar Association, as a public service by the ABA Section of Real Property, Trust and Estate Law, provides information on its website about powers of attorney. Note the disclaimer on the American Bar Association website, stating that the information provided should not be considered legal advice. Laws vary by state and your situation is unique to you, so before making a decision you should consult an attorney who is educated in elder law. The information provided by the American Bar Association includes the following. The article is at this link. John was glad that he had confided his fears to his son. And an appointment scheduled with their attorney, he knew that they would soon have the paperwork in place so that his son could act as his power of attorney, if he needed help in the future. Care is There can make it easier for you to make decisions about assigning power of attorney by:
* Name Changed for Privacy Â
How Care is There can Help:
Resources for Assigning General Power of Attorney to an Agent
Next Steps
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