A Power of Attorney (POA) is one of the most important — yet often underestimated — tools in estate planning. It gives a trusted person the authority to make decisions on your behalf if you become unable to do so yourself. This could include managing finances, paying bills, or even making healthcare choices, depending on the type of POA you establish.
Without a POA in place, your loved ones may need to go through a lengthy and expensive court process to gain the legal authority to act for you. In urgent situations, that delay can be stressful and costly. By appointing someone in advance, you ensure that your affairs can be handled quickly, efficiently, and according to your wishes.
The key is choosing someone who not only understands your preferences but is also capable of making decisions under pressure. Discuss your goals, values, and priorities with your chosen representative so they can act with confidence if the time comes. It’s a simple step that can make a world of difference for you and your family’s peace of mind.