Why Do I Need a Power of Attorney?

A well-constructed estate plan will be comprehensive in nature. Everyone is aware of the fact that you have to facilitate asset transfers when you put an estate plan in place, but you should also account for end-of-life issues. This is often done through the creation of documents called durable powers of attorney. Incapacity Planning When you think about your retirement years, some good times may enter your imagination, and your retirement years can be quite rewarding if you plan ahead effectively. At the same time, as difficult as it may be to consider, a very significant percentage of elders become unable to make sound decisions at some point in time. There are various different causes of incapacity. People sometimes become unable to communicate when they are experiencing physical decline, and there is also mental incapacitation. Alzheimer s disease is all too common among the oldest old. This disease strikes over 40 percent of people who are at least 85, and it is likely that you w
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