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The importance of POAs for non-married couples

On Behalf of | Aug 6, 2024 | Estate Planning

Imagine this scenario: You rush to the hospital after learning your long-time partner has been in a serious accident. As you arrive, your heart racing with worry and fear, you confront a harsh reality. Because you are not married, you have no legal right to make medical decisions on your partner’s behalf. This distressing scenario is all too common for unmarried couples who have not taken steps to protect themselves with powers of attorney (POA).

What are powers of attorney?

A POA is a critical document that empowers someone you trust to act on your behalf in specific matters when you cannot do so yourself. POAs come in two primary forms: one for financial matters and another for health care decisions.

If your partner becomes incapacitated, a financial POA allows their chosen agent to manage their finances, pay bills and make smart investments on their behalf. On the other hand, a medical POA gives you the power to make medical decisions for them, ensuring that they receive the care they want and need.

Benefits of POAs for unmarried couples

If you are in a committed relationship, having a POA in place can provide peace of mind and protection for both you and your partner. Without these documents, the task of making important decisions might fall to family members or court-appointed guardians, leaving you or your partner powerless and watching from the sidelines.

In the event that you suddenly become incapacitated, you can have peace of mind knowing your partner can legally act on your behalf and honor your wishes. This can be particularly crucial if your family does not approve of your relationship or if you have specific health care preferences.

POAs can also save time and money. If something happens to you and you do not have a POA in place, your partner might need to go to court to gain the right to manage your affairs. This process often turns into a time-consuming, costly and emotionally taxing ordeal.

Setting the record straight

Having a power of attorney is a responsible and proactive step that can protect you and your partner in times of crisis. Life’s unpredictable nature does not discriminate by age or health. Whether you are young or old, in peak condition or managing health issues, these legal safeguards are crucial for everyone.

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