Securing Your Future With a Power of Attorney

If you're like most of us that worry about our futureConsider this, what if you were buying assets and you
and protecting our property/estate then you need tocouldn't be there that day, your declared Power of
know how executing a Power of Attorney form canAttorney could make that legal transaction for you on
protect you.your behalf. A Power of Attorney is not simply for
All 50 of the U.S. states have a Power of Attorneyconvenience though. What if you were incapable of
form that you can use to give one or more person(s)acting on your own behalf because of an illness,
the right to act on your behalf, which you can limit tounconsciousness, or because of an accident; your
one specific activity, situation, and/or event in thePower of Attorney could make those vital, life-saving
future. Also, if you wanted you could empowerdecisions, and have the directive along with the legal
someone to act on your behalf for a variety of tasks.authority to inform the medical staff of your healthcare
A Power of Attorney can be either immediatelywishes. Some people get more specifically what is
effective or it can be exercised exclusively on thecalled a Healthcare Power of Attorney form that
occurrence of an event in the future. In the Power ofempowers someone to act on your behalf just for a
Attorney you may specify whether the right to act onmedical situation/event.
your behalf is temporary, continuous or permanent.In some situations where you are unable to manage
If later on you decide you want to revoke the Poweryour own personal or business affairs, and you don't
of Attorney given to the declared person(s) you canhave a Power of Attorney, then the court may
do so. You will need to file a form called a Revocationappoint someone to act for you. You will not have a
of Power of Attorney form. Some states may requiresay as to who maybe appointed. However, if you
a "revocation copy" along with your Revocation ofhave a Power of Attorney the right to choose a
Power of Attorney form. A revocation copy is a copyperson to act on your behalf and the authority given to
of your original Power of attorney form withthem is totally up to you.
"REVOKE" written in large letters at the center topIf you have not yet filled out a Power of Attorney
and then signed plus dated.form, it is about time you started thinking about getting
You may be wondering why it might be necessary toone. It will remain valid as soon as you sign it and it will
give anyone else the power to act on your behalf.stay valid until you die or when you revoke it.