A Power of Attorney lets you designate an Agent to take action and make decisions on your behalf. This is extremely important if you are unable to act for yourself due to medical or other reasons.
For example, if you are incapacitated, Agents may be authorized to make decisions for you and handle your affairs, continue operating your business, and pay your personal bills. Without a Power of Attorney, it may be necessary to go through an expensive and time-consuming court proceeding to authorize these essential actions.
Powers of Attorney are an important part of the basic Estate Plan everyone should have in place. Accidents and illnesses are unpredictable and may wreak havoc upon you and your family. Having a Power of Attorney in place may help you and your family get through a difficult situation a little bit easier.