Besides a will, a durable power of attorney is one of the most important legal documents you can have. It allows you to appoint an individual as an agent to make decisions and manage your affairs on your behalf, and goes into effect in the event that you are incapacitated. You can arrange for your agent to manage your personal, business, and/or financial affairs. You may also empower your agent to make important medical decisions on your behalf by creating a healthcare proxy. These documents should be structured in a way that reflects your unique needs and wishes. They are best created with the guidance of an experienced Estate Planning attorney.
Learn more about a Power of Attorney here.