As we age or undergo treatment for a terminal illness, it is easy to only think of our predicament and to forget about the burdens it leaves on everyone we love. This type of thinking though can lead to us being a burden on our most cherished family members as we pass on. Planning ahead for natural aging or unforeseen circumstances like an illness makes that particular time a little bit easier, and prevents us from burdening others. Planning ahead for Surrey residents can include living wills, medical treatment plans, saving money for expenses that may arise, and putting power of attorney services in order.
A power of attorney bestows onto someone else decision-making powers in the event someone else is unable to make decisions on their own. They usually are drafted by power of attorney services in Surrey and signed into power by a notary public. Better yet, they can be drafted and signed at any period throughout our lives, particularly when people are planning ahead responsibly just in case of a “what if.” For those who have not planned ahead, decision making and having people who can act on their behalf becomes extremely difficult if things take a turn for the worse.
As mentioned above, power of attorney services in Surrey only become necessary once someone is unable to make decisions on their own, often due to old age or illness, but they can be signed at any time. This gives ample time to determine who should act as a power of attorney on your behalf, such as a spouse, sibling, social worker, or child. It also provides thinking time to determine many of the details that go into a power of attorney.
For example, there are broadly two major types of power of attorneys. Those are medical power of attorney, and financial power of attorney. Medical power of attorney is able to make critical medical decisions on someone else’s behalf usually guided by predetermined decisions of care. Experts can guide you through the various aspects of what entails being a medical power of attorney, and how the person allocating power of attorney can choose what types of treatment, or when to stop treatment, in advance. A financial power of attorney is able to act financially on someone else’s behalf. This is also critical if bank transfers are necessary, paying lawyers or medical professionals needs to be done quickly, or selling real estate or assets is important.
In case you are wondering, the same person can be both medical and financial power of attorney. In fact, you can designate multiple people as both or one or the other. It also is important to know that there are many other types of power of attorney, and many smaller details such as when a power of attorney kicks in. All of this can be explained in better detail by a power of attorney service in Surrey or a notary public. Hopeful you will consider visiting one during a good time of your life so you can responsibly plan ahead for any unforeseen circumstances.