- 1: Outline Your Wants, Wishes, and Wills
- 2: Create an Estate Plan
- 3: Review Your Beneficiary Designations
- 4: Put Your Finances in Order
- 5: Outline Your End-of-Life Wishes
- 6: Sign a Power of Attorney
- 7: Prepare Guidelines for Your Guardians
- 8: Write A Letter of Instruction
- 9: Talk to Your Loved Ones About Your Wants, Wishes, and Wills
- 10: Review Your Wants, Wishes, and Wills
6: Sign a Power of Attorney
There comes a time in all of our lives when we can use a helping hand. Maybe, like me, you’ve spent a lot of time on crutches and depended on friends to pick up your meals. Or maybe you’ve been hospitalized after an accident and needed someone to get your mail and bring you your bills and checkbook.
But what if you’re so sick that you can’t write checks or tend to your financial affairs? That’s when you need an Agent under a General Durable Power of Attorney to assist you. Because you don’t know when you’ll need help in the future, it’s important to prepare a Power of Attorney today. There are several types of Powers of Attorney—talk to your lawyer to decide which one is right for you.