Powers of Attorney for Property Management

  • A Power of Attorney for Property Management allows the person to designate someone to manage their financial affairs – sign checks, pay bills, manage investments.
  • Powers of Attorney become effective only once doctors determine that the person is incapacitated and is unable to make decisions on their own, and terminate at death.
  • If there are no Powers of Attorney in place:
    • The person may not get the treatments they want.
    • The court may appoint someone who is not their first choice to make decisions for them.
    • The loved ones will have to make really hard decisions.  
    • The case may end up in court, and a judge who has no medical knowledge will be deciding what sort of care the person should receive.