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Thorough estate planning includes creating a power of attorney

An important part of an estate plan is the power of attorney. This estate planning document can be helpful should a person become incapacitated, as it gives another reliable person the authority to make important decisions concerning the incapacitated person's behalf. Both a medical power of attorney and a durable power of attorney are essential parts of an estate plan in Florida.

Durable powers of attorney are utilized for making financial decisions in the event one becomes incapacitated. An attorney can tailor this type of document to fit your specific needs in a comprehensive way. If the power is drafted correctly, another person can handle all financial decisions outlined in this legal document.

Medical powers of attorney are used for making health-related decisions if you experience incapacitation. You can have this type of document drafted in a narrow or broad way. With it, an agent will be granted the authority to make health care decisions on your behalf, such as requesting a complex procedure or refusing treatment, if you become incapacitated.

The law regarding durable powers of attorney changed in 2011, so it would be wise to have any power of attorney created before that time in Florida reviewed by an attorney. If you have never created one, appropriate legal guidance can help you navigate the processes of drafting not only power of attorney documents but also other estate planning documents, such as wills and/or trusts. Through carefully considered estate planning, you can create accurate documents that will help achieve specified goals in the event you become debilitated or pass away.

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