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Difference between revisions of "Enduring Power of Attorney"
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→Why you should consider an enduring power of attorney
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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 == | |||
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. | ||