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Difference between revisions of "Enduring Power of Attorney"

From Clicklaw Wikibooks
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Remember, an enduring power of attorney can be used when you are mentally incapable, while a general power of attorney cannot.
Remember, an enduring power of attorney can be used when you are mentally incapable, while a general power of attorney cannot.


=== Why you should consider an enduring power of attorney ===
== Why you should consider an enduring power of attorney ==
None of us know when illness or accident or cognitive impairment will strike. You may one day be in a position where you’re unable to handle your own financial affairs. In that case, someone may need to step in to continue managing them for you. Even day-to-day decisions about money can become difficult. It’s wise to consider in advance who you’d like to handle your financial decisions — big and small  — for you.
None of us know when illness or accident or cognitive impairment will strike. You may one day be in a position where you’re unable to handle your own financial affairs. In that case, someone may need to step in to continue managing them for you. Even day-to-day decisions about money can become difficult. It’s wise to consider in advance who you’d like to handle your financial decisions — big and small  — for you.


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