Protecting Yourself Through Powers Of Attorney And Health Care Proxies
Many of us are vulnerable in old age, and that is nothing to be ashamed of, but you can take proactive steps to protect yourself and your loved ones. Estate planning offers many opportunities to place safeguards in your life, both physically and financially. At Korsinsky & Klein LLP, we can help you take advantage of every opportunity, including Health Care Proxies and Powers of Attorney. These important tools can protect your finances and wishes if you become incapacitated.
Our New York Estate Planning lawyers provide thoughtful and compassionate guidance on all aspects of Estate Planning. We draw on a wide range of past work and vast legal knowledge to create a plan that accounts for your future in all aspects. If you are working on your estate plan or trying to keep your aging loved ones safe, contact us at 212-257-0199.
Giving You A Voice
When you are planning for the future, you must take a lot of issues into consideration. While you may be able to make your own decisions now, you may not always have the ability to assert your wishes due to an illness, disability or some other form of incapacitation that occurs in the future.
- If you become ill, is there someone who can tell your doctors how you want to be treated?
- If you cannot speak up for yourself, who will make important legal decisions for you?
- If you no longer can care for yourself financially, who will step in to take care of your bills?
In order to ensure that you are properly prepared for that time, whenever or if ever it may come, it is important that you create a Power of Attorney and Healthcare Directives. When you do this, you formally designate someone you trust to make important decisions on your behalf.
What These Tools Do
A thorough estate plan should include both a Power of Attorney and a Health Care Proxy. These tools are similar, but they accomplish different things:
- Powers of Attorney relate to your financial matters. They authorize a trusted representative to act on your behalf with regard to banking, transactions, managing your assets and other financial matters.
- Health Care Proxies, on the other hand, authorize an individual to make medical or other health care decisions on your behalf.
Both of these documents are extremely important for protecting your rights, health care wishes and property. They also will spare your loved ones the headache and expense of pursuing costly Guardianship proceedings in the event that you become incapacitated. Put simply, without these documents, your loved ones may have to guess at your wishes and go through a lengthy court process to act on your behalf.
Why Anyone Can Benefit From These Tools
Like other aspects of an estate plan, Powers of Attorney and Health Care Proxies aren’t just for the elderly. Adults of any age can benefit from having these protections in place. An accident could happen at any time, rendering you unable to make these critical decisions. Make them now, while you can.
Prevent Conflict And Confusion. Name A Health Care Proxy Or Power Of Attorney Today.
Whether you are young and healthy or elderly and terminally ill, our lawyers can assist you through the process of creating any Health Care Proxy or related document. We will inform you of your rights and explain the responsibilities and duties of your agent so that all parties know what to expect in the event that your protections must be initiated.
By having an open and honest discussion about your personal wishes, your legal and health care agent will have a more appreciative understanding of your desires. Strong communication allows your agent to better follow your wishes and beliefs when you cannot state your preferences on your own.