Having someone else in charge of one’s life is something that many young people cannot wait to change. As individuals reach an older age, however, they may come to realize that appointing someone to take over decisions may be a wise step to take. When Maryland residents come to such realizations, they may begin looking for more information on power of attorney appointments.
When creating a power of attorney, individuals have the ability to create a plan that details how their care should be handled and their finances addressed. These plans go into effect if a person becomes incapacitated and can no longer make decisions for him or herself. Rather than leaving it up to chance when it comes to who will be put in charge, parties can take steps to make the appointment themselves.
There are many aspects to consider when making such an appointment. Parties will likely want to ensure that the details they provide express their true intentions and wishes and that there is little room for interpretation. Additionally, having a trusted and responsible person in charge will likely act in the incapacitated party’s best interests.
Though creating a power of attorney document may seem simple, issues could come about if it is not completed correctly. Maryland residents interested in making such appointments may wish to gain more information on their options and the different facets of such legal documents. Knowledgeable attorneys could also help interested parties better understand how a power of attorney may be used and how to craft a plan that best suits particular needs.
Source: mysanantonio.com, “Power Of Attorney 101“, July 31, 2017