You may not like the idea of requiring a caregiver, but as people in Ohio get older, it becomes increasingly important that they think about long-term care. They have no idea when they might suffer from a disease, a sudden injury, chronic pain or a deteriorating condition like Alzheimer’s. For this reason, it’s important for you to choose someone for power of attorney while you’re still in good health.
Why is it important to choose someone for power of attorney?
Everyone should choose someone for power of attorney during the estate planning process, regardless of their age. But for seniors, the issue becomes even more pressing. When you choose someone for power of attorney, you’re choosing someone who can make legal or financial decisions for you in the event that you’re incapacitated. You can also authorize someone to make medical decisions on your behalf, like planning for end-of-life care.
Needless to say, it’s important to choose someone you trust. You’ll also want to choose someone younger to reduce the risk that they’ll die before they can enact their duties. To best protect yourself, nominate someone for power of attorney as well as a backup individual in case the first person dies or becomes incapacitated. Additionally, you’ll need someone who can act compassionately while still having the courage to make difficult decisions. This person might have to summon a lot of strength, so it’s not a decision you should take lightly.
Should you hire an attorney while planning your estate?
Many people believe that they don’t need an attorney while planning their estate. However, nothing could be further from the truth. An attorney can be an invaluable resource who helps you write your will, form trusts, choose someone for power of attorney and more.
An estate attorney may help you write a clear, concise will that leaves no room for argument or interpretation. They might also help you choose someone for power of attorney and help you make decisions for long-term and end-of-life care.
