Mental Health Care Power of Attorney
A financial power of attorney is used to appoint a person called an agent (not necessarily and often not a lawyer) to make financial decisions when you are unable. This person can ensure your bills stay paid during a trip or illness and handle a wide scope of other activities listed in the document. The principal is the person creating the power of attorney. The principal can make various kinds of powers of attorney:
- A limited power of attorney limits the powers a power of attorney can make on behalf of the principal. This type of power of attorney is useful if the principal is traveling and needs someone to handle financial matters while away.
- A general power of attorney allows a wide range of responsibilities compared to a limited power of attorney.
- A durable power of attorney allows the attorney-in-fact to act while the principal is incapacitated. Non-durable limited and general power of attorneys do not function when the principal is incapacitated.
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