Most people know of the importance of making a will but have you ever considered how your affairs would be managed if you were suddenly incapacitated.
Creating a Power of Attorney is quick, simple, can be cost free and is an essential document to have on standby, to ensure your financial affairs are properly managed. Power of Attornies can include giving people access to your utility and bank accounts to ensure your bills are paid or giving them the ability to sell your house and deal with large financial decisions on your behalf.
It should be noted that a Power of Attorney will cease should you become incapable of making your own legal decisions. If you consider that this may be the case at some point in the future, you should opt for an Enduring Power of Attorney. Each state has their own legalities for Power of Attorney so for more information, click on your state below.