Power of Attorney
A Durable Power of Attorney is critically important for loved ones if they need to help look after your assets. A Durable Power of Attorney can be limited to provide powers to handle special property or financial matters or can be broad enough to allow someone to handle an entire estate. A power of attorney can be written to take effect immediately or to take effect upon the disability of the person making the power of attorney. A properly drafted Power of Attorney is essential for providing maximum flexibility in planning for Medicaid qualification.
Medical Power of Attorney
A Medical Power of Attorney is the document by which a person designates who will make medical decisions for him or her in the event of incapacity. Directives to Physicians, or living wills, are also valuable to families and health care providers in determining the treatment to be given to someone suffering a terminal, irreversible condition.