Durable Power of Attorney for Finances
A Durable Power of Attorney for Finances appoints someone to make decisions and manage your financial assets that are outside of a living trust if you become disabled or incompetent. It authorizes them to act for you with respect to your money and property.
You select what powers to give your Durable Power of Attorney for Finances. In a typical DPAF, your POA has the power to:
Your agent does not have the power to:
Living Will and Power of Attorney for Health CareIn Idaho, an advanced healthcare directive is referred to as a Living Will and Durable Power of Attorney for Health Care.
A Living Will and Power of Attorney for Health Care allows you to do two things: (1) state you wishes regarding the use of life-sustaining medical treatment, and (2) name an agent to act on your behalf with respect to medical decisions if you can no longer communicate with your doctors. The only time your agent will be able to make decisions is when you are unable to make your own decisions. Healthcare directives help ease the burden on your loved ones by clearly telling them what you want. They also help avoid intrafamily conflicts over your care. When do your healthcare directives become effective:
For more information on selecting a Health Care Agent, click here. For more information on Idaho's Living Will, click here. Ready to Get Started on Your Estate Plan? |